UPDATE 1-VW has no comment on report Porsche to build stake


(Adds details, background) FRANKFURT, Sept 24 (Reuters) - Volkswagen declined comment on a magazine report on Saturday that luxury sports car maker Porsche intended to build a 20 percent stake in VW. "We do not comment on such speculation," a spokesman for Europe's biggest carmaker said. German magazine Der Spiegel said in its online edition that Porsche intended to take a 20 percent stake worth around 3 billion euros ($3.64 billion) at current prices to ensure its business ties with ...

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