Germany: VW lifts initial Porsche stake
Wednesday, October 21, 2009, AutomotiveWorld.com
Volkswagen AG has announced that it will acquire a 49.9% stake in Porsche AG as part of larger plans for an eventual full merger with Porsche Automobil Holding SE by 2011. VW expects to pay €3.9bn (...
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Published on Wednesday, October 21, 2009
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