Malaysian firm eyes stake in Morocco car assembler

Newswire

RABAT, Jan 27 (Reuters) - Malaysian state carmaker Proton is in talks with Moroccan authorities over the planned sale of a state stake in car assembler Somaca, a senior Finance and Privatisation Ministry official said on Monday. "A delegation representing Proton is holding talks with the Privatisation Department, Industry Ministry and Somaca officials over the privatisation plans of Somaca," the official told Reuters. A lack of buyers prevented the sale of the 38 percent stake in Somaca ...

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