UPDATE 2-Porsche slightly improves VW bid

Newswire

(Adds share prices, background) FRANKFURT, April 30 (Reuters) - German sports car maker Porsche launched its obligatory takeover offer for Volkswagen at marginally improved terms on Monday, still aiming for less than a majority stake in VW. Porsche, which is already the largest shareholder in VW, was required to bid for Europe's biggest carmaker after Porsche's voting stake exceeded 30 percent in March, but it has made clear it is not striving for majority control at this stage. ...

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