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Volkswagen and Porsche Merge

  • Business and Corporate

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 Read more

Tagged as : companies, deal, financial situation, ownership, Porsche, Reuters, Volkswagen

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