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german law

1 June 2007 posted in Porsche 13 views
Porsche officially files for takeover bid of VW Reuters is reporting that today, Porsche has politely asked the European Commission if it can take over Volkswagen. The short filing by Reuters goes on to state that the Commission has until July 2nd ...
Tags: vw, volkswagen, porsche, reuters, european union, european commission, german law, takeover bid
13 May 2007 posted in Porsche 10 views
VW rejects Porsche's takeover bid When Porsche decided to exercise its option to purchase more VW stock, its stake was raised to over 30%. That triggered a German law that required the low-volume luxury automaker to launch a bid for a ...
Tags: volkswagen, porsche, europe, stock, yahoo, stake, shareholders, german law, takeover bid, buyout price, public shares, partial ownership
4 May 2007 posted in Porsche 11 views
Porsche getting a new name next month In an effort to redefine itself as the next great German monolith, "Dr. Ing. H.c F. Porsche AG" will be rebirthed as "Porsche Automobil Holding SE" during a meeting on June 26th. The reasoning behind ...
Tags: vw, volkswagen, porsche, flesh, takeover, automobile manufacturers, ing, s market, monolith, fireworks, stuttgart, dominance, shareholders, porsche ag, percent stake, holding company, future source, german law, automobil
30 April 2007 posted in Earnings/Financials 5 views
Porsche proposes to Volkswagen It's official, Porsche has submitted an offer to buy the Volkswagen group. Unless you've been living in a cave, you probably already know that the erstwhile sportscar manufacturer is more profitable t ...
Tags: volkswagen, porsche, lamborghini, bugatti, bare minimum, volkswagen ag, stuttgart germany, volkswagen group, shareholders, wolfsburg germany, porsche ag, sportscar manufacturer, conglomerate, german law, vw board, automobile makers, german federal agency, preferred share, bafin, preferred shares
12 April 2007 posted in Earnings/Financials 7 views
Could Porsche force VW to unload Lamborghini and Bugatti? Is Volkswagen about to shed some supercars from its stable? It could be the case, if statements by Porsche boss/VW supervisory board member, Wendelin Wiedeking, are taken seriously. When asked about t ...
Tags: supercars, bugatti, gallardo, porsche 911, murcielago, speed record, autocar, coachbuilder, sibling rivalry, lamborghini gallardo, volkswagen group, audi r8, vw group, wendelin wiedeking, supervisory board, murcielago lp640, bloodshed, german law, global player, corporate hierarchy