Volkswagen finally secures Porsche in 4.46 billion euro deal
Volkswagen AG (ETR:VOW) (FRA:VOW) seems to have got itself a sweet deal by finally acquiring Porsche Automobil Holding SE (ETR:PAH3) (FRA:PAH3) for 3.88 billion euros plus a share of future dividends and other benefits and one common share. The deal sets the VW group firmly on track to becoming the largest auto-maker on the planet by 2018. VW cherry-picked its way through Porsche, buying only its manufacturing assets and having nothing to do . . .
SORRY! This content is exclusively for paying members. If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.
|
