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TOKYO (Reuters) – Nissan (OTC:) Motor Co Ltd on Tuesday rejected a shareholder proposal at its annual general meeting (AGM) that would have led to the disclosure of a decades-old agreement with 43% stakeholder Renault SA (OTC:).
Ahead of the AGM, one investor proposed designating Renault (EPA:) as Nissan’s parent company which by law would force the publication of the agreement which stipulates the automakers’ capital and business alliance.
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