UPDATE 1-Porsche optimistic over outcome of investor lawsuits

Newswire

* Porsche says 12 appeals in United States withdrawn * The 12 had wanted to reverse a lower court ruling (Adds Porsche statement) LEIPZIG, Germany, April 30 (Reuters) - Porsche SE expects to succeed in its fight against legal claims seeking billions of euros in damages over the German company's botched 2008-2009 takeover of Volkswagen. "We are optimistic regarding the outcome of the proceedings," Martin Winterkorn, chief executive of Porsche ...

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