KUALA LUMPUR -- DRB-Hicom said Wednesday it will sell a 49.9% stake in Proton Holdings, its fully owned automaker, to China's Zhejiang Geely Holding Group. In the deal, Geely also gets Proton's 51% stake in Lotus, the British sports car maker.
Business
China's Geely acquires 49.9% of Malaysia's Proton
Chinese automaker gets beachhead in Southeast Asia, stake in Lotus
