German watchdog to check on VW share trading


FRANKFURT, Sept 26 (Reuters) - Germany's financial supervisor BaFin said on Monday it would check if any insider trading took place in Volkswagen shares before the news broke that Porsche would take a 20 percent voting stake in VW. "BaFin will as a matter of course look to see if there are any indications of insider trading in VW shares," a spokeswoman said, noting Porsche's announcement on Sunday came a day after German magzine Der Spiegel reported the story. She said it would take some ...

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