Wednesday, July 1, 2009

Which Doctor Bursitis

rejects Porsche's VW takeover bid



VW's bid to acquire about half of the sports car maker is not an option, Porsche said.

Actualidad Internacional Porsche desecha oferta de compra de VW

The offer he made Volkswagen (VW ) to acquire the 49% of Porsche was rejected by the German shipowner of sports cars.

The spokesman of Porsche Automobil Holding , Albrecht BAML , said the offer of VW " not a viable option ", because for VW acquire a portion of Porsche, the maker based in Wolfsburg would take a credit of U.S. $ 15.150 million . The

Porsche company confirmed earlier this month it was in talks with Investment Authority of Qatar , the main signature of small state to acquire a state fund investments of .

Porsche's debt tripled is to € 9 billion accumulated when his participation in largest manufacturer of automobiles of Europe by sales, forcing him to give his plan to seize 75% and gain access to of cash reserves of Volkswagen.

Note Original: Porsche rejects bid for VW

Source: Altonivel.com.mx
www.altonivel.com.mx

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