Porsche takes VW?..it is possible?

[I LOVE GT40- Paolo]

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?

[Keith Hardy]

Originally Posted by kenshiro8

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?

Anything is possible Paulo - Ferdinand Porsche was the original designer of the Volkswagen "People's Car" commissioned by Adolph Hitler...

Ah, also the Tiger, the King Tiger and the bizarre "Elephant" self propelled gun. With these models in your line up, perhaps you don't need money....

Just goes to prove, what goes around, comes around...

[Cliff Beer]

Originally Posted by kenshiro8

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.

[Marcus]

The Porsche family directly and indirectly still owns the fast majority of the preferential Porsche-shares with voting power.

In the light of these facts, with Porsche taking over the majority of shares at Volkswagen...the Porsche-family probably becomes the most powerful industrial dynasty in Germany.
Sort of German "Agnellis" (yet with a lower death-rate...).