UPDATE 1-VW board to discuss Porsche-deal on Feb. 14-report

Newswire

* Volkswagen will have to pay less taxes * Total acquisition price would be a little over 8 bln euros * Volkswagen declines to comment (Adds Volkswagen response) FRANKFURT, Jan 29 (Reuters) - Volkswagen's supervisory board will discuss plans to acquire the remaining 50.1 percent of Porsche SE'S sports car business at an extraordinary meeting on February 14, German magazine Der Spiegel reported. The magazine said the German Finance Ministry already has a draft for the deal available. ...

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