UPDATE 1-Renault returns some Nissan Diesel shares for free

Newswire

TOKYO, Oct 23 (Reuters) - French auto maker Renault SA will do its part in a rescue plan for embattled Nissan Diesel , returning 5.625 percent of Nissan Diesel's shares for free, the Japanese truck maker said on Thursday. Nissan Diesel, which last month received a 106 billion yen ($973 million) bail-out from its banks and other major shareholder Nissan Motor Co , said it planned to cancel the stock after a board meeting on November 27. The truck maker has been struggling under a mountain ...

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