CBS Investment

Volkswagen has announced the final terms of the merging of Volkswagen and Porsche companies that looks more like an ultimatum to Porsche. Volkswagen will pay an amount of 3 to 4 billion euros to Porsche, after which the two automakers will proceed to merging, transmits Reuters.

As a result of the deal, the shares of the ownership will be distributed as follows: 40 per cent of the shares will go to Porsche and the family Pitch that owns it, 20 per cent will go to the owners of the land of Lower Saxony, a major holder of shares of Volkswagen, 15 per cent of the shares will become the property of Qatar, that wishes to make a partial investment in the deal, and 5 per cent will go to an unnamed investment fund. And nothing is reported about what will happen to the remaining 20 per cent.