Suffers another setback, the merger between Volkswagen and Porsche, formal operations following the acquisition of a small manufacturer in Zuffenhausen by the giant Wolfsburg. After the break occurred at the beginning of the negotiations because of "very constructive atmosphere", the times are getting longer and takes shape, even the possibility that the operation of all jumps.
The postponement is due to the investigation has not ended yet against two former managers of Porsche, Wendelin Wiedeking and Holger Haerter, accused of manipulating stock prices. "The outcome of the investigation is relevant to the assessment of compensation claims made against Porsche on the basis of an alleged market manipulation.
This assessment must be made for the merger of Porsche in Volkswagen" Porsche said in a statement. The operation had in fact completed in 2011, but "legal and tax assessments of the merger will be delayed," says the announcement of the Mercedes-Benz. "This also reduces the likelihood that the merger can be achieved on the basis of the timetable set in the preliminary draft." Invariatoinveceil project remains an extension of capital of 5 billion euro for the Porsche by the end of May to reduce debt.
Last November, in fact, the supervisory board at an extraordinary meeting, approved the increase and the sale of a stake in the company to the State of Qatar. 
The postponement is due to the investigation has not ended yet against two former managers of Porsche, Wendelin Wiedeking and Holger Haerter, accused of manipulating stock prices. "The outcome of the investigation is relevant to the assessment of compensation claims made against Porsche on the basis of an alleged market manipulation.
This assessment must be made for the merger of Porsche in Volkswagen" Porsche said in a statement. The operation had in fact completed in 2011, but "legal and tax assessments of the merger will be delayed," says the announcement of the Mercedes-Benz. "This also reduces the likelihood that the merger can be achieved on the basis of the timetable set in the preliminary draft." Invariatoinveceil project remains an extension of capital of 5 billion euro for the Porsche by the end of May to reduce debt.
Last November, in fact, the supervisory board at an extraordinary meeting, approved the increase and the sale of a stake in the company to the State of Qatar.
- Investigation to delay Porsche-Volkswagen merger (24/02/2011)
- Porsche loses £928m from value as Volkswagen merger is delayed (24/02/2011)
- Porsche, Volkswagen Merger Faces Delay on Share Probe (23/02/2011)
- Investigation Puts Porsche-Volkswagen Merger at Risk (24/02/2011)
- Merger delay concern hits Porsche (24/02/2011)
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