(Bloomberg) -- Malaysia's government, seeking a
partner for carmaker Proton Holdings Bhd., ruled out selling its
entire 43 percent stake to Volkswagen AG, raising concern that
disagreements over control will threaten alliance talks.
Volkswagen, the government's preferred partner for
unprofitable Proton, wants a ``substantial'' stake in the carmaker,
Malaysia's Deputy Prime Minister Najib Razak said in an interview.
Read more at Bloomberg Emerging Markets News
partner for carmaker Proton Holdings Bhd., ruled out selling its
entire 43 percent stake to Volkswagen AG, raising concern that
disagreements over control will threaten alliance talks.
Volkswagen, the government's preferred partner for
unprofitable Proton, wants a ``substantial'' stake in the carmaker,
Malaysia's Deputy Prime Minister Najib Razak said in an interview.
Read more at Bloomberg Emerging Markets News
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