VW to complete Porsche Holding buy this week -paper

Newswire

FRANKFURT, Feb 28 (Reuters) - Volkswagen will complete its $4.5 billion acquisition of Salzburg-based Porsche Holding, Europe's largest car dealership group, in the course of this week, a German newspaper reported on Monday. Citing sources familiar with the situation, the Frankfurter Allgemeine Zeitung wrote that the 3.3-billion-euro transaction could likely be finished on Tuesday. A spokesman for Volkswagen declined comment. The deal, announced in November, is a key element of listed ...

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