Qatar

Volkswagen, Porsche Merger Moves Forward, Qatar Gets Stake
Volkswagen, Porsche Merger Moves Forward, Qatar Gets Stake

After many months of corporate negotiations, the first step toward Germany's great auto unification is now clear: Volkswagen has agreed to pay €3.3 billion (roughly $4.7 billion) for a 42% stake in Porsche AG, which has been valued at €12.4 billion. Details of the subsequent steps involved in...Read More»

Porsche Volkswagen Merger
Porsche Scrambling To Secure Financial Future, Rejects VW Offer

The bravado necessary to run a company like Porsche well has so far been one the of the strengths of the company's current leadership, in particular Wendelin Wiedeking, as it attempts to acquire Volkswagen AG. But that brave move was caught in the unfortunate timing of the current economic crunch...Read More»

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