April 27, 2012 / 4:00 PM / in 5 years

Renault may sign Algeria factory deal-source

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PARIS, April 27 (Reuters) - French automaker Renault may sign an agreement in early May to build a factory in Algeria, an industrial source told Reuters on Friday.

Renault Chief Executive Carlos Ghosn said in February on the margins of a ceremony to open the automaker's Moroccan factory, that it was still open to building a plant in Algeria and that talks were ongoing. (Reporting By Gilles Guillaume)

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