(Reuters) - State investment arm Khazanah Nasional Bhd, which owns 43
percent of Proton, is in talks with Germany's Volkswagen
and U.S. auto giant General Motors to sell
some of its stake in the loss-making company.
Volkswagen is viewed as the frontrunner to partner Proton
and has held two rounds of talks with the Malaysian government.
A third round could be in the offing but talks with U.S.
carmaker General Motors are also under way, the government said
last month.
Read more at Reuters.com Mergers News
percent of Proton, is in talks with Germany's Volkswagen
and U.S. auto giant General Motors to sell
some of its stake in the loss-making company.
Volkswagen is viewed as the frontrunner to partner Proton
and has held two rounds of talks with the Malaysian government.
A third round could be in the offing but talks with U.S.
carmaker General Motors are also under way, the government said
last month.
Read more at Reuters.com Mergers News
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