F&I Management & Training

EUROPE’S largest vehicle manufacturer, Volkswagen, maybe a takeover target following the European Court of Justice’s decision to overturn laws protecting the company from a hostile takeover.The expected decision to overturn the so-called ‘Volkswagen law’ means that Porsche, which is the main shareholder in Volkswagen with a 31% stake, could launch a full scale takeover. Immediately after the court announced its decision, Volkswagen’s share price rose.

DATED: 28.10.07

FEED: HC