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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

August 17, 2009 by  - 1
 
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