Friday, April 13, 2012

VW purchases the Porsche shares

The deal concerning the purchase of Porsche shares by Volkswagen is advanced.


Volkswagen swallows up Porsche


But still there are some problems. Volkswagen is planning to buy the last 50.1 percent of Porsche at the cost of ˆ3.9 billion. But according to Der Spiegel the investors have a grudge against German company and they have already brought in an action against Volkswagen. Bur in spite of all VW doesn’t change their plans.

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