Porsche Is The Owner Of 42.6% Of Volkswagen

Date: 27 Oct 2008 Comments: 0

Porsche’s new goal in life is to take over Volkswagen. In order to fulfill this dream they have just bought almost 43% of the stocks this Sunday.

According to a recent press release from Porsche, if everything goes according to plan, in 2009 they’ll own 79% of Volkswagen.

Considering the fact that Porsche is planning to buy 50% of VW before November is over, this above mentioned goal is no surprise.

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