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Germany: VW acquires Porsche Holding Salzburg

Volkswagen has confirmed that it has acquired the operating business of Porsche Holding Salzburg (PHS) as of 1 March 2011. The intended acquisition was first announced in November 2010 with Volkswagen noting the transfer of the vehicle distribution company would take place at a fixed price of €3.3bn (US$4.55bn), probably Subscribe to Automotive World to … Continued

Volkswagen has confirmed that it has acquired the operating business of Porsche Holding Salzburg (PHS) as of 1 March 2011. The intended acquisition was first announced in November 2010 with Volkswagen noting the transfer of the vehicle distribution company would take place at a fixed price of €3.3bn (US$4.55bn), probably

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https://www.automotiveworld.com/articles/86087-germany-vw-acquires-porsche-holding-salzburg/

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