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Porsche lifts stake in VAG

motorbikez Oct 28, 2008

  1. motorbikez

    motorbikez Active Member

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    Not all shares are falling yesterday VW group shares leapt by 147% as porsche announced that it now controls 74.1% of VAG.Porsche now owns 42.6% of VAG through a direct equity stake and options on another 31.5%.It aims to increase its direct equity stake to 50% by the end of the year and 75% by 2009.
     
  2. fingermouse

    fingermouse thats me

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    I`ll have a skoda badged 911 please :)
     

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