Analysis: Separation anxiety over Renault's five-way split
Source: Reuters
Analysts sceptical about strategy rethinkCarmaker's shares plunged on announcementSplit introduces governance and valuation complexity -JefferiesPARIS, Nov 10 (Reuters) - Analysts seeking less complexity from Renault (RENA.PA) at its investor day this week were disappointed to find that CEO Luca de Meo will split the company into five autonomous businesses.The French carmaker announced a major overhaul at a…
This is aggregated or syndicated coverage. Reporting and media belong to the original publisher.
Read the original source at Reuters