VW to buy 42 percent stake in Porsche, paves way for merger
Posted on 13. Aug, 2009 by PB in News
Following weeks of negotiations, Volkswagen has agreed to purchase a 42 percent stake in Porsche , totaling a $4.7 billion investment. The move will combine the two German automakers, likely under the revived Auto Union banner. ...
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VW to buy 42 percent stake in Porsche, paves way for merger
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