Yoshikazu Hanawa, president of Japan's second largest automaker, left Tokyo for Paris earlier in the day for final negotiations with the French firm, the newspaper said.

Renault is likely to take a 34-per cent stake in Nissan, the daily said.Immediate confirmation is not available.

The French carmaker has told Nissan that it is ready to pay up to 500 billion yen ($4.2 billion) to buy Nissan's stake, according to sources close to negotiations.

"We forecast the negotiations will end successfully," a financial institution having business with Nissan told the daily.

"We heard that Renault has already recieved support from the French government and French financial institutions for collecting the investment," it said.

Renault also showed "strong interest" in obtaining shares in Nissan's truck making affiliate Nissan DieselMotor Co Ltd, it said. Nissan and Renault are also to discuss reorganisation of the two firms.