Germany: VW, Porsche merger delayed

Volkswagen has stated that its proposed merger with Porsche SE will take longer than expected, but stresses that it will eventually go through. The problem stems from an investigation into share price hedging at Porsche in Germany and US. “From Volkswagen’s perspective, the continuing legal hurdles mean that it is Subscribe to Automotive World to … Continued

• By Webmaster
• September 9, 2011