UPDATE 1-Daimler, Renault may swap "symbolic" stakes - FT

Newswire

* Could swap 3 pct stakes - report * Renault has no comment (Adds Renault declining to comment, share price) FRANKFURT/PARIS, March 25 (Reuters) - German carmaker Daimler AG and France's Renault are close to deciding on a wide-ranging strategic partnership that would include a swap of small equity stakes, the Financial Times said, citing unnamed sources close to the situation. It quoted one person as saying the "symbolic" stakes could be around 3 percent, just above the level at ...

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