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Porsche SE still in trouble over failed VW takeover

2014-11-18 04:28:33| Automakers - Topix.net

Volkswagen AG now owns the entirety of the luxury sports car manufacturer Porsche, but not long ago the brand's controlling holding - Porsche SE - attempted to gain control over the German automaker. The resulting botched takeover resulted in many legal problems for Porsche SE, which has now said its shareholders need to be prepared if the firm would be made to give up "economic benefits" gained from the unsuccessful attempt to gain the majority control over VW.

Tags: trouble failed vw porsche

Category:Automotive

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