Volkswagen Porsche relationship
Jul 18th 2007spoilerkingBlogroll
In the relationship between Volkswagen and Porsche the main question is will Porsche benefit from the possible increase in its shareholding in Volkswagen? Porsche, maker of excellent valuable cars like Boxter, 911 and Cayenne along with their reliable and durable car parts is talking about a possible increase in stake in, the all so well known Volkswagen Company. This step will be taken by the Company to prevent takeover from abroad.
The CEO of the Company states that he has no plans to takeover Volkswagen Company but it seems that by increasing the stake in the said company, Porsche, will try and take the controlling seat of the Company before the expiry of the clause that limits the voting rights of shareholders by 20%. Continue Reading »