Renault and
Daimler , the two European carmakers long in talks to collaborate more extensively, may be considering going as far as a share swap, Max Warburton, an analyst at Sanford C. Bernstein, said Monday. The news lifted the companies shares on Tuesday, though the talks are stalled because of a disagreement over valuations, according to Bloomberg News, citing unidentified sources.
Daimler has been trying to build a partnership to build better small cars, but in his analyst note, Mr. Warburton says discussions between Carlos Ghosn, chief of Renault, and Dieter Zetsche, who heads
Daimler, have taken on additional importance.
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Renault and <span class="company">Daimler</span> , the two European carmakers long in talks to collaborate more extensively, may be considering going as far as a share swap, Max Warburton, an analyst at Sanford C. Bernstein, said Monday. The news lifted the companies shares on Tuesday, though the talks are stalled because of a disagreement over valuations, according to Bloomberg News, citing unidentified sources. <span class="company">Daimler</span> has been trying to build a partnership to build better small cars, but in his analyst note, Mr. Warburton says discussions between Carlos Ghosn, chief of Renault, and Dieter Zetsche, who heads <span class="company">Daimler</span>, have taken on additional importance.
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