Home UncategorizedRenault won’t ago ahead with Ampere IPO if valuation too low-CEO

Renault won’t ago ahead with Ampere IPO if valuation too low-CEO

by Reuters

PARIS (Reuters) – French car maker Renault will not go ahead with an initial public offering of its electric vehicle unit Ampere, planned for next year, if the valuation is too low, Renault chief executive Luca de Meo said on Wednesday.

“We are not crazy,” de Meo told reporters ahead of an investor presentation aimed at drumming up support for the IPO.

(Reporting by Gilles Guillaume and Silvia Aloisi, editing by Richard Lough)

tagreuters.com2023binary_LYNXMPEJAE0CJ-BASEIMAGE

You may also like

You can't access this website

Shore News Network provides free news to users. No paywalls. No subscriptions. Please support us by disabling ad blocker or using a different browser and trying again.