Volkswagen Ponders Buying Out Porsche Entirely

Volkswagen is considering how to acquire the remaining 50.1 percent of Porsche SE's sports car business prior to November, when put-call options could pave the way to a deal, Dow Jones Newswires reported on Sunday.

A final decision has yet to be made as the evaluation of possible alternatives and related tax payments is continuing, it reported, citing three people familiar with the matter.

According to disclosures from Volkswagen, Porsche SE has a put option to sell its 50.1 percent exercisable from Nov. 15, while Volkswagen can exercise its call option between March and April of next year.

 

commander104 - 1/23/2012 12:46:43 PM

0 Boost

I'm not taking sides, but i recall seeing porsche on top of the reliability lists

USNA1999 - 1/23/2012 5:41:09 PM

+1 Boost

I recall seeing it too but the HATERS will argue that this is blasphemy since they are a German manufacturer.

MorePower - 1/23/2012 11:37:46 PM

+1 Boost

VW, eat Porsche with your great appetite . . . while you can!