Claas to buy majority in Renault Agriculture-paper

Newswire

FRANKFURT, Feb 23 (Reuters) - France's Renault is set to announce on Monday a deal to sell 51 percent in its agriculture unit to unlisted German harvesting machinery maker Claas, Germany's Sueddeutsche Zeitung said on Sunday. This follows a confirmation late last month by Renault that it was close to completing this deal with Claas. Claas is planning a complete takeover of Renault Agriculture, a non-core subsidiary for the vehicle maker, Sueddeutsche said in an article to be published on ...

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