Thread: Official: Porsche Increase Volkswagen Stake to Over 50%
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Old Jan 5, 2009 | 12:50 PM
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From: The Left Lane
Default Official: Porsche Increase Volkswagen Stake to Over 50%
Porsche now owns 50.76 percent of VW shares but still does not control the German automaker. According to German law, a 75 percent share of the stockholder vote is required to exercise control of a company.

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