Archive for January, 2012
Parent company of Lotus acquired by Malaysian company DRB-Hicom
Thursday, January 26th, 2012Khazanah Nasional Bhd which has a 43% stake with Proton, the mother company of Lotus, has sold its ownership of the car manufacturing firm to DRB-Hicom which is also Malaysian owned. The deal was sealed for $410 million. The new owner of Proton is known for its investments in power generation, transportation, and automotive services. [...]