Vw to complete the purchase of a 49.9 percent stake in Porsche next week
In remarks prepared for VW's extraordinary shareholder meeting last Thursday, CEO Martin Winterkorn said that VW is already the most successful multi-brand group in the auto industry and... Read more
Volkswagen acquires a 49.9% stake in Porsche
Volkswagen acquired a 49.9% stake in Porsche SE for 3.9 billion euros ($5.8 billion), accomplishing the second step in its multi-stage integration with Porsche Automobil Holding SE. Under... Read more
Volkswagen board approves the final details of a 49.9% stake in Porsche
Volkswagen's supervisory board approved taking a 49.9% stake in Porsche, taking it one step closer to a full merger. Porsche has two controlling families, the Porsches and the Piechs, who... Read more
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