VAG to buy rest of Porsche
Discussion
And the VAG leviathan rolls on
http://www.bbc.co.uk/news/business-18718087
Apologies if this is a re-post.
http://www.bbc.co.uk/news/business-18718087
Apologies if this is a re-post.
its very complicated, i still cant get my head around it
http://www.thetruthaboutcars.com/2009/04/volkswage...
Porsche, the family, sells Porsche, the car company to Volkswagen, which the family already rules. In return, they get VW shares they want and cash they need. “As part of the transaction, Porsche SE will issue new shares, a portion of which may be sold to external investors,” Bloomberg says.
http://www.thetruthaboutcars.com/2009/04/volkswage...
Porsche, the family, sells Porsche, the car company to Volkswagen, which the family already rules. In return, they get VW shares they want and cash they need. “As part of the transaction, Porsche SE will issue new shares, a portion of which may be sold to external investors,” Bloomberg says.
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