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Bob
8th July 2004, 23:37
The Malaysian car company Proton has taken a controlling share of MV Agusta. The deal costs Proton some 70 million Euro and will allow MV Agusta to come out of “controlled administration”.

According to a Proton spokesman “The objective of the new partnership is to develop the presence and increase the value of the brands Cagiva, Husqvarna and MV Agusta in the international markets by the many industrial and commercial synergies that the two Groups shares.”