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VW and Porsche Postpone Merger Plans but Say “Goal Remains Unchanged”

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Volkswagen and Porsche announced that they do not expect their merger to be accomplished within the period they originally established. In late 2009, VW acquired a 49.9% stake in Porsche for €3.9 billion ($5.3 billion) and initiated an integration plan that would be completed before the end of 2011. Read more »
VW and Porsche Postpone Merger Plans but Say “Goal Remains Unchanged” VW and Porsche Postpone Merger Plans but Say “Goal Remains Unchanged” Reviewed by Unknown on 12:23:00 Rating: 5

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