• By Ray Wert
    Sep 6, 2006 11:38 AM 170
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    Ghosn Going To Get Free Checks! Renault, Nissan Reportedly Hiring Banks To Advise On A GM Threesome


    Word on the street from both the business boys over at Bloomberg and the fiscal yet still frisky folks at the Financial Times is Renault-Nissan CEO Carlos Ghosn's gone and hired advisory banks for a possible alliance with General Motors. The Financial Times report says Renault's hired investment bank BNP Paribas as its bank of choice for setting up Ghosn's three-way action with the General and Nissan. Although Nissan spokespeople are doing the "decline to comment" dance — we all know that's just the only way PR people know how to say "yes."

    Renault has no comment on advisory bank reports [Reuters]

    Related:
    Breaking! Ghosn: GM-Renault-Nissan Discussions Won't Include Talk Of A Capital Stake [internal]


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