Volkswagen takes 49.9 per cent stake in Porsche
October 21, 2009 by Alborz Fallah
Filed under Car News, Porsche, Volkswagen
It was Porsche that originally tried to buy Volkswagen, now its Volkswagen buying Porsche, not all of it of course but just 0.1 per cent short of half ownership.
The agreement was finally reached after extensive talks between the two companies. As it stands now Volkswagen will acquire a “participation” in the operating business of Porsche [...]
