Proton eyes stake in Italian bike maker


PERUSAHAAN Otomobil Nasional Bhd (Proton) is eyeing at least 50% equity in renowned Italian motorcycle manufacturer MV Augusta Motor SpA in an effort to accelerate its own motorcycle programme. 

A 50% stake in MV Augusta will not only give Proton the controlling stake in a company internationally acknowledged as being the manufacturer of “Ferrari of motorcycles,” but also its distribution rights. 

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