Volkswagen Mulls Porsche Takeover
#1
Volkswagen Mulls Porsche Takeover
Porsche has been buying up shares in VW over the last few years funded by debt. Now some of that debt is coming due. With slowing cash flow and inabiltiy to refinance, Porsche Automobil Holding SE finds itself in a percarous position.
http://www.spiegel.de/international/...620734,00.html
http://www.ft.com/cms/s/2/67f4f896-2...44feabdc0.html
http://www.spiegel.de/international/...620734,00.html
http://www.ft.com/cms/s/2/67f4f896-2...44feabdc0.html
Last edited by hulahula; 04-23-2009 at 01:28 PM.
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