Rimac has come a long way over the past decade and now operates a joint venture with Bugatti, fittingly known as Bugatti Rimac. The Croatian-based Rimac Group owns 55% of this venture, while Porsche owns 45%, but if the latest reports are to be believed, Rimac is looking to buy out Porsche’s stake in the joint company.
According to unnamed sources, Rimac has reportedly made a preliminary offer to buy Porsche’s share which previously valued the company at over €1 billion ($1.1 billion). There’s no word on how much Rimac has offered, but it could reportedly join with other investors.
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