Germany: Volkswagen plans to raise €4bn

Hans Dieter Poetsch, member of the board of management of Volkswagen AG, responsible for Finance and Controlling, has outlined the OEM's plans to raise around €4bn (US$5.4bn). The company intends to ask shareholders on 22 April 2010 to approve a bond issue convertible into 40 million preferred shares at a It’s time to log in … Continued

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• March 12, 2010