India, Jan. 21 -- Japanese media reported Sunday that France wants a merger between Renault and Nissan following the arrest of former Nissan chairman Carlos Ghosn, but according to France's economy minister changing the current set-up is "not on the table".
Ghosn headed a powerful alliance between Nissan, Mitsubishi and Renault before his arrest in November on charges of financial misconduct.
A delegation including Martin Vial -- a Renault director designated by the French government -- made the merger request at talks with Japanese officials in Tokyo, Kyodo News reported, citing sources close to the matter.
The French government is the biggest shareholder in Renault with a stake of more than 15 per cent, while Renault owns 43.4 per cent...