Volkswagen keeping options open on Porsche - source

Newswire

BERLIN, Feb 27 (Reuters) - Volkswagen made no decision at a supervisory board meeting on Monday on how to combine with Porsche, a high-ranking official said, as the carmaker seeks to avoid being hit by a billion-euro tax bill in the process. "There is a firm commitment on the part of VW to reap synergies as quickly as possible but not at all costs," the official told Reuters. VW faces having to pay about 1 billion euros ($1.35 billion) in tax if it were to buy the remainder of Porsche's ...

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