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Hero Group talks with Proton called off?

Sindhu Bhattacharya / DNA
Tuesday, November 24, 2009 3:58 IST
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New Delhi: Has the Hero Group walked away from stake-buying negotiations with Malaysian carmaker Proton Holdings Bhd? Proton chairman Mohd Nadzmi Mohd Salleh was in India early this month to meet potential partners for an entry into this market and the Hero Group was believed to be the top contender for stake-sale by Proton. But Salleh suffered a stroke while in Chennai and the meeting with Hero got delayed.

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