VW board to discuss Porsche-deal on Feb. 14-report

Newswire

FRANKFURT, Jan 29 (Reuters) - Volkswagen's supervisory board will discuss plans to acquire the remaining 50.1 percent of Porsche SE'S sports car business at a meeting on February 14, German magazine Der Spiegel reported. The magazine said the German Finance Ministry already has a draft for the deal available. Volkswagen will have to pay 3.9 billion euros ($5.1 billion) plus taxes for the remaining stake. Instead of an anticipated 1 billion euros, Volkswagen will have to pay a "low ...

Premium Content (PAID Subscription Required)

"VW board to discuss Porsche-deal on Feb. 14-report" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Connect With Us

Sponsored Introduction Continue on to (or wait seconds) ×