, Columnist
Geely's Proton Therapy
There are integration opportunities, plus it could deliver the Chinese group an entree into Southeast Asia.
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China's most acquisitive auto mogul is at it again.
Li Shufu, founder and controlling shareholder of Geely Automobile Holdings Ltd., is adding another distressed asset to the trophy cabinet he's assembled over the past decade. His holding company, Zhejiang Geely Holding Group, has agreed to buy half of Proton Holdings Bhd., Malaysia's former national champion carmaker, the Chinese company said in a statement Wednesday.