Bank of America now owns 7.34% of Renault’s capital

(AOF) – In an AMF notice, we learn that the Bank of America Corporation crossed upwards, on April 7, indirectly, through the companies it controls, the thresholds of 5% of the capital and voting rights of Renault. As a result, Bank of America holds 7.34% of the capital and 5.44% of the voting rights of the car manufacturer. This crossing of thresholds results from the acquisition of shares on the market and an increase in Renault shares held by assimilation (conclusion of share loans, options and “swap” contracts with cash settlement).

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