Exclusive: France defends Renault stake increase in letter to Ghosn

April 23, 2015 3:52 PM

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PARIS (Reuters) - French Economy Minister Emmanuel Macron has written to Renault (RENA.PA) boss Carlos Ghosn to defend the government's surprise stake increase in the carmaker and reject claims it endangers the Renault-Nissan alliance.

The April 21 letter was shared with Renault board members and interpreted by some as a warning against retaliation, two people with knowledge of its content said on Thursday.

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