Renault is expected to agree to rules preventing it from selling its shares to a competitor or an activist investor. Nissan may also be given first right of refusal over any shares being sold by Renault. In addition to this, Renault may also voluntarily cap its voting rights at 15 percent immediately. In return, Nissan could invest in Renault’s soon-to-be-established EV division, with the report indicating Nissan might secure up to 15 percent of the France-based unit.
