Stuttgart, 26 September 2015. Porsche Automobil Holding SE, Stuttgart (“Porsche SE“), reached an agreement with Suzuki Motor Corporation, Shizuoka, to acquire a stake of 1.5 percent in the ordinary shares of Volkswagen AG, Wolfsburg, in an off-market transaction. The parties involved agreed not to disclose the purchase price. The shareholding of Porsche SE in the ordinary share capital of Volkswagen thereby increases to 52.2 percent. The stakeof subscribed capital will amount to 32.4 percent.
Intended provision of Volkswagen will weight on Porsche SE result
Stuttgart, 22 September 2015. Volkswagen AG, Wolfsburg, informed in an ad-hoc announcement today that the Volkswagen Group intends to set aside a provision of some Euro 6.5bn recognized in its profit and loss statement in the third quarter of the current fiscal year.
Shareholder representatives of the supervisory board of Porsche SE intend to propose Hans Dieter Pötsch for election in the supervisory board of Volkswagen AG
Stuttgart, 03 September 2015.
Half-yearly financial report
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