Nissan board also approved planned restructuring deal with Renault – source

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PARIS (Reuters) – The board of Nissan (OTC:NSANY) has also voted in favour of reshaping its alliance with French carmaker Renault (EPA:RENA), a source said on Monday.

The agreement, which will retool the two-decade-old alliance, had already got the backing from Renault’s board on Sunday. It will be formally unveiled on Monday in London.