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VW to pay EUR3.3bn for stake in Porsche AG

VW to pay EUR3.3bn for stake in Porsche AG

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_wirefeeds_366835730

VW to pay EUR3.3bn for stake in Porsche AG

About this item

Full title

VW to pay EUR3.3bn for stake in Porsche AG

Publisher

London: Normans Media Ltd

Journal title

M & A Navigator, 2009

Language

English

Publication information

Publisher

London: Normans Media Ltd

More information

Scope and Contents

Contents

German carmaker Volkswagen (ETR:VOW) will pay up to EUR3.3bn (USD4.71bn) for a 42% stake in Porsche's core sports-car unit, Porsche AG, the supervisory boards of VW and Porsche SE (ETR:PAH3) agreed, VW said today.

Alternative Titles

Full title

VW to pay EUR3.3bn for stake in Porsche AG

Identifiers

Primary Identifiers

Record Identifier

TN_cdi_proquest_wirefeeds_366835730

Permalink

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_wirefeeds_366835730

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