Well, you have to admire the courage of their conviction… Porsche said today that it wants to buy more VW stock, as soon as possible, despite massively negative reaction from its own shareholders after buying over 10 percent of VW shares earlier this week.
Porsche is aiming for a 20 percent voting stake in VW, which could cost nearly $4 billion. Porsche says that it wants to ensure a solid supply link with VW, which supplies content for nearly a third of Porsche's cars.




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