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Subscribe to this threadPorsche denies plan to raise stake in VW to 75%
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993C4S @ Mar 11th 2008 9:58AM
>>verzealous German magazine took it one step further over the weekend by reporting that Porsche was going for an even larger piece of the pie... a whopping 75 percent.
993C4S @ Mar 11th 2008 10:07AM
Not sure what happened above as my comment got cut off.
What I was trying to say, was that I find this post funny. So much of what is claimed that Porsche is going to do is only so much speculation, but it gets reported as if it were fact.
We all need to remember that just because it is on the internet doesn't make it true. Everyone would love to get a great story/scoop, but until Porsche comes out with an official notification, you just dont' know what's going to happen.
Personally, I think it makes sense from a financial aspect for Porsche to raise their ownership stake. Will the Porsche board and VW board think the same thing? Who knows? More importantly with the state of Lower Saxony allow it, as they obviously want to protect jobs at the existing plants.