Volkswagen bougth the Porsche
Wednesday, March 31st, 2010The manufacturer of luxury cars, Porsche (Porsche) accepted the offer of Volkswagen (Volkswagen) the two companies to merge. “People’s Car ‘will pay around 8 billion euros, which will be indebted company razplati a majority of its creditors, transmits Reuters.
The merger will be implemented in two stages, the final details of the transaction will be discussed at a meeting of the Supervisory Board of Porsche on 23 July.
First Volkswagen will acquire 49.9 percent of the manufacturer of luxury sports cars, however, the holding company of Porsche will retain its autonomy.
Forthcoming reshuffle and the tops of the Porsche.
The paradox here is that Porsche actually owns the majority stake in Volkswagen. Rumors of change in the roles of the two companies were already in yeast. Subsequently it became clear that the Porsche is not ready to swallow this humiliation, if we are to acquire all’s car and approached the Qatari government funds for financing.
Previously Porsche had punished Germany after CEO laughed at the opportunity to seek government rescue loan, and lent money to owners,