PROTON AND THE SALE OF M.V. AGUSTA ← Chedet
It is shocking to still hear that Proton made a profit by selling M.V. Agusta which it bought for 70 million Euro and sold for one Euro. The buyer, Gevi Spa did take over the debt of M.V. Agusta but Proton''s share of the debt is 57 per cent i.e. 57 per cent of the total debt of 107 million Euro or 61 million Euro. Total is 120 million Euro.