Renault restarts talks with Foxconn over sale of Nissan stake, FT reports

Renault (RNSDF) has restarted talks with Foxconn (HNHPF) over its stake in Nissan (NSANY) following the collapse of merger talks between the carmaker and rival Honda (HMC), The Financial Times, David Keohane, Harry Dempsey, Kana Inagaki, and Ian Johnston report. According to people with knowledge of the situation, Renault’s move to launch its own search for new investors came on the heels of concerns that it would be left with depressed shares in Nissan, with the Japanese group lacking a new partner, and the search will be “expansive,” with approaches to be made to technology groups worldwide including Apple (AAPL).