UPDATE 1-Renault says sells Agriculture stake to Claas

Newswire

(Adds details from industry source) PARIS, Feb 24 (Reuters) - French car maker Renault said on Monday it had signed a deal with German harvesting machinery maker Claas under which the German group will take a 51 percent stake in Renault Agriculture. Renault will in the short term retain a 49 percent interest in the tractor making unit, with Claas increasing its stake to 80 percent "in the longer term" Renault said. No financial details were given. An industry source said that, ...

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