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Old 03-06-08, 05:09 AM   #3 (permalink)
Cliffbeer2
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Re: Porsche takes VW?..it is possible?

Quote:
Originally Posted by kenshiro8 View Post
I am not an economist, but I know porsche makes 4 models of cars,not everyday ones and not ordinary cars.
Seems they are taking the 50% of VW:

Porsche ready to take VW stake above 50% | Business | The Guardian

it is possible?..or is becoming also there as italy where u can buy a giant company without a penny?
Porsche is actually spending a LOT of penny's to move its ownership percentage up to 50%+. Porsche has been a highly profitable company for many years and has built up its capital reserves accordingly. Also, Porsche is taking on some significant corporate debt (easily serviced via strong margins/profits) so that in total it can really have some muscle to flex in terms of bold expansion moves such as this.

As you probably know, Porsche and VW have a long history together via familial relationships and joint ventures so it's a fairly natural and comfortable fit for both.
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