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Geely to acquire 49.9% stake in Proton
On May 24 several media in Malaysia including Bernama and Paultan reported that DRB-Hicom has reached an agreement with Geely for the Chinese maker to acquire 49.9% stake in Proton.
The deal is subject to regulatory and shareholder approval.
Both parties expect to sign the final agreement before the end of July 2017.....
The deal is subject to regulatory and shareholder approval.
Both parties expect to sign the final agreement before the end of July 2017.....
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