[lbo-talk] Malaysia says mulling Volkswagen stake in Proton

uvj at vsnl.com uvj at vsnl.com
Sun Nov 12 06:04:48 PST 2006


Reuters.com

Malaysia says mulling Volkswagen stake in Proton http://today.reuters.com/news/articlebusiness.aspx?type=basicIndustries&storyID=nKLT004313&from=business

Wed Nov 8, 2006

KUALA LUMPUR, Nov 9 (Reuters) - Malaysia is considering giving approval for German car-maker Volkswagen (VOWG.DE: Quote, Profile, Research) to take a controlling stake in state car-maker Proton Holdings' (PROT.KL: Quote, Profile, Research) manufacturing operations, the premier said on Thursday.

"It is an option we are considering at the moment. There is no approval yet," he told reporters when asked whether Volkswagen was buying a 51 percent stake in Proton.

© Reuters 2006. All Rights Reserved.



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