Volkswagen is considering an audacious bid for Porsche’s automotive business, a move that would up-end Porsche’s takeover of VW, which started three and a half years ago. VW’s management is weighing the option of buying Porsche AG, in a move that would bring relief to the highly indebted parent Porsche SE holding company. VW, Europe’s largest car company, has a turnover about 15 times greater than Porsche’s.

This entry was posted by Gwen Robinson on Thursday, April 23rd, 2009 at 4:58 and is filed under Capital markets, M&A. Tagged with porsche, volkswagen. Edit this entry.