Porsche may take over VW | FerrariChat
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Porsche may take over VW

Discussion in 'Porsche' started by steveirl, Mar 26, 2007.

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  1. steveirl

    steveirl Formula 3

    Dec 29, 2003
    1,163
    ireland
    Full Name:
    steve
    #1 steveirl, Mar 26, 2007
    Porsche has just bought more stock in VW and now owns over 30%. Under German law they are now entitled to launch a full takeover bid. Amazing that what was a small player is now the most profitable and cash rich car manufacturer in the world!
    Apparently Porsche fear that venture capitalists are seeking to take VW and sell it off piecemeal.
    Steve
     
  2. Papa G

    Papa G Formula 3

    Dec 29, 2003
    1,406
    #2 Papa G, Mar 26, 2007
    If that happens I wonder what will happen to Lambo?
     

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