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Friday, October 14, 2011

Proton Refutes Reports that it will sell Lotus to Genii Capital


Proton, the Malaysian owner of Lotus, released a statement where it dismisses reports that appeared in several media outlets and which said that it is planning to sell a stake of the British sports car manufacturer.

Here’s what the company stated: "The alleged moves between Group Lotus and Genii Capital are untrue and the reports are highly speculative in nature. Proton’s relationship with Group Lotus is as good as it has ever been.”

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