UPDATE 1-Renault says Volvo stake sale not on agenda

Newswire

* Renault has decided to exit Volvo, timing unclear - banker * Renault shares up 2.8 pct, Volvo up 0.2 pct (Adds banker, analyst comments) PARIS, Jan 28 (Reuters) - Renault repeated that it did not plan to sell shares in Volvo , the world's second-biggest truckmaker, after traders said market talk of a sale was driving the French carmaker's shares higher on Thursday. One banker told Reuters that Renault, Volvo's biggest shareholder, had decided to exit the Swedish truckmaker but it ...

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