Russian carmaker AvtoVAZ has announced the closure of the deal to acquire a share in the authorized capital of Nissan Manufacturing RUS a deal was approved by the Government of the Russian Federation.As part of the agreements, AvtoVAZ acquired a 99% share in the authorized capital of Nissan Manufacturing RUS at a 1 Euro price with payment in ruble equivalent at exchange rate of the purchasing date. The deal will retain a call-option for the NISSAN to repurchase former assets in Russia within 6 years if in the future a corresponding decision is made and approved by the Government of Russia.
Russian carmaker AvtoVAZ has announced the closure of the deal to acquire a share in the authorized capital of Nissan Manufacturing RUS a deal was approved by the Government of the Russian Federation.As part of the agreements, AvtoVAZ acquired a 99% share in the authorized capital of Nissan Manufacturing RUS at a 1 Euro price with payment in ruble equivalent at exchange rate of the purchasing date. The deal will retain a call-option for the NISSAN to repurchase former assets in Russia within 6 years if in the future a corresponding decision is made and approved by the Government of Russia.