Rumours: Volkswagen improves their bid for Porsche
July 13th, 2009 Leave a comment Visited 84 times, 2 so far today
Rumours: Volkswagen improves their bid for Porsche
Germany automaker Volkswagen has reportedly increased their bid for sports car maker Porsche.
Market sources say that they are now offering around $5.56 billion for a 49.9 percent stake in Porsche.
This is an improvement of around Euro 1 billion from their previous offer if we are to believe the sources.
Volkswagen and Porsche have not commented on these latest reports in the media.
Porsche incidentally owns 51% of Volkswagen.
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