Volkswagen-Abu Dhabi stock deal still in works

Newswire

FRANKFURT, July 23 (Reuters) - Volkswagen intends to sell all its treasury shares to Abu Dhabi if it can agree on the price, but is still discussing the deal with the Gulf emirate, the company's chief said on Friday. "It is our intention to sell the whole treasury stock, provided we get an agreeement with Abu Dhabi on this 10 percent of our stock for a price which is mutually acceptable," Chief Executive Officer Bernd Pischetsrieder told a conference call. Volkswagen earlier said it ...

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