A team of Malaysian Government investors has been in the Netherlands meeting potential Dutch partners in a last ditch effort to save the bankrupt aerospace manufacturer Fokker Aircraft. State-run investment company Kazanah Nasional is discussing joining a DFl1.1 billion ($640 million) rescue effort with the Dutch Deleye Investment Group (DIG), the Dutch Government and Stork. The three Dutch parties signed a memorandum on 13 March to negotiate jointly with Kazanah and have been given until 1 May to come up with a rescue plan. Under proposals being discussed, Kazanah would invest DFl450 billion and take a 39% stake in the company, with DIG taking another 10%. The remaining 51% would be held by the Netherlands and Stork.
Source: Flight International
