Articles Tagged with "porsche"

Volkswagen calls off Porsche merger

The Wall Street Journal (Detroit) - Volkswagen AG Chief Executive Martin Winterkorn on Monday said the planned merger with Porsche Automobil Holding SE "isn't possible" in the foreseeable future because of swirling legal issues, so the German auto maker may instead buy out the Stuttgart-based firm's core sports-car unit.

Jan. 12 , 2012
Porsche sued by investment funds seeking $2.6b over VW takeover bid

Bloomberg News (Frankfurt) - Porsche Automobil Holding SE (PAH3) was sued by a group of investment funds seeking about 2 billion euros ($2.6 billion) in damages allegedly suffered from the carmaker's failed takeover attempt of Volkswagen AG (VOW) in 2008.

Jan. 6 , 2012
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