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Looser grip, less influence: Macron government pares back Renault stake

The French state has sold off the extra share capital it acquired in April 2015, sparking speculations that it will play a more minor role moving forward, writes Megan Lampinen

The French government has loosened its grip on Renault, to the tune of 4.73%. That’s the precise amount by which it bolstered its share capital back in April 2015….

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