Porsche SE expects to win investor lawsuits

Newswire

LEIPZIG, Germany, April 30 (Reuters) - German holding company Porsche SE expects to succeed in its fight against legal claims seeking billions of euros in damages over the company's botched 2008-2009 takeover of Volkswagen . "We are optimistic regarding the outcome of the proceedings," Martin Winterkorn, chief executive of Porsche SE and Volkswagen, said on Tuesday at the holding company's annual general meeting. Planned hearings of three lawsuits pushing over 4 ...

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