Renault shares rise after carmaker calls off Ampere IPO – Times of India
[ad_1] PARIS: Renault’s shares rose as much as 4.5% at Tuesday’s open after the French automaker ditched plans to list its electric vehicle business Ampere, citing sluggish stock market conditions. Renault said on Tuesday it had enough cash to do without the stockmarket listing and would continue to fund the development of Ampere until it…