TEXT-S&P revises Volkswagen outlook to positive from stable

Newswire

(The following statement was released by the rating agency) August 27 - German automaker Volkswagen's (VW) credit ratios appear strong enough to accommodate the recently announced Porsche acquisition. -- Porsche will add to VW's business diversity and, over time, reinforce the contribution of the premium/luxury segments to the automaker's earnings. -- We are revising our outlook on VW to positive from stable and affirming the 'A-/A-2' ratings. ...

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