Home
Porsche plans to increase its stake in Volkswagen to 31 percent, according to a report in leftlanenews.com. The move will force the famed sports car maker into making a formal bid to acquire all of VW, the Web site says, as German law requires Porsch to make a takeover bid if its stake in VW exceeds 30 percent.
1
Cars Blog
Porsche seen acquiring VW
Comments | Recommend
March 26, 2007 12:57 pm
Share Your Thoughts
Guidelines: We welcome your thoughts, but for the sake of all readers, please refrain from the use of obscenities, personal attacks or racial slurs. All comments are subject to our terms of service and may be removed. Repeat offenders may lose commenting privileges.
