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Malaysia: DRB-Hicom to sell 31% stake in commercial vehicle joint venture to Isuzu

Friday, September 28, 2007,

Tags: Corporate Finance, Isuzu Motors, Joint Ventures, Mergers and Acquisitions, OEM Strategy.

AutomotiveWorld.com

DRB-Hicom has agreed to sell a 31% stake comprising 31 million shares in its 80%-owned subsidiary, Malaysian Truck & Bus (MTB). The buyer, an affiliate of its joint venture partner Isuzu, will p...

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Published on Friday, September 28, 2007

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