Takeover threat looms at VW, says its CEO-paper

Newswire

FRANKFURT, July 23 (Reuters) - Financial investors could acquire Volkswagen , break it up and sell off the pieces, Chief Executive Bernd Pischetsrieder told the Braunschweiger Zeitung in an interview published on Saturday. When asked what protects Europe's largest carmaker from a takeover, the VW CEO said: "Little. The biggest protection is the fact that no rival may acquire the company due to antitrust reasons with the exception of Toyota . "But investors could take stakes with the aim ...

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