It seems that the planned merger by the end of the year between the two auto giants Volkswagen and Porsche is going to slip further notice. During the shareholders' meeting of Volkswagen Witerkorn Martin said that "the merger remains our common goal" although probably the cooperation between the two marks, at least for now, will take place in different ways.
During the assembly was also discussed at the capital increase of Porsche, which will ensure the reduction of the house in Stuttgart. All this will happen by May. "We are very confident that this offer convince 'our shareholders," said Winterkorn, who added that Qatar Holding, a major shareholder, has indicated an interest in the participation of the capital.
During the assembly was also discussed at the capital increase of Porsche, which will ensure the reduction of the house in Stuttgart. All this will happen by May. "We are very confident that this offer convince 'our shareholders," said Winterkorn, who added that Qatar Holding, a major shareholder, has indicated an interest in the participation of the capital.
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