Renault-Nissan Alliance chief Carlos Ghosn has said that he is reviewing the cross-shareholding arrangement between the two companies. The comments come amid renewed speculation that the two companies could get closer to a full merger.

In an interview with the Nikkei news agency he said that “all the options are open”, when asked about the possibility of a revised structure of the capital alliance.

The Nikkei report said Ghosn also maintained he wants to “find solutions” by 2022 by taking into consideration the opinions of all stakeholders, including the governments in Tokyo and Paris.

Bloomberg has reported previously that the two companies are in talks to merge.

“It would be fair to say that all the options are on the table. Some of them are more probable than others because of the sensitivity.

“We just have to find the solution that is acceptable to all,” he added.

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The Nikkei report notes that there are political sensitivities in Paris and Tokyo associated with bringing the two companies closer together. However, analysts have long touted that the two companies may have to become closer in order for more efficiencies and synergies to be exploited.