The French government completes a partial sale of its shares in Renault SA. The sale of 30 million shares nets the government E1.5 billion ($1.3 billion) and reduces its stake in the auto maker from 38% to 27%. The sale was surprising to some industry observers, most of whom expected the French government to hold off on any significant sale in high-profile assets until after the presidential elections in three weeks. But the French government wanted to take advantage of a 77% jump in the ...

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