UPDATE 3-VW seeks 4 bln euros in Germany's biggest cash call

Newswire

* Subscription period from March 31 to April 13 * Offer price, subscription ratio to come on March 26 * Preference shares down 6.1 pct, biggest loser on DAX (Recasts, adds comparison to rights issues in past) By Christiaan Hetzner and Philipp Halstrick FRANKFURT, March 23 (Reuters) - Volkswagen AG will next month launch the biggest ever rights issue in Germany, raising roughly 4 billion euros ($5.4 billion) to finance its growth plans via the sale of some 65 million preferred ...

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