Renault chairman can 'never say never' on Fiat but deal not on table

This post was originally published on this site

PARIS (Reuters) – Renault (PA:) Chairman Jean-Dominique Senard said on Tuesday that a possible deal with Italian carmaker Fiat (MI:) was not on the table for now, although he did not rule out it being re-examined at some stage in the future.

“Today, it’s not on the table,” Senard told France Inter radio, later adding that “one must never say never” regarding speculation that Renault might relook at merging with Fiat.

Renault, which earlier this month issued a profit warning and ousted CEO Thierry Bollore, abandoned a deal with Fiat in June.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.