Malaysian tycoons start talks to end DRB tussle

Newswire

KUALA LUMPUR, Oct 27 (Reuters) - Malaysian auto firm Naza Group said on Wednesday it has started talks with its rival bidder for a 15.8 percent stake in DRB-Hicom after the government warned that it could step in and take charge. The stake sale in auto and banking group DRB, which assembles and distributes Honda cars in Malaysia, has been mired in confusion after owners of the stake said they preferred bids from competing parties. Earlier this week, the second finance minister said ...

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