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Court Overturns Volkswagen Law, Takeover Likely

Porsche to exercise control in VW

By Kevin Spak, Newser Staff

Posted Oct 23, 2007 8:31 AM CDT

(Newser) – The EU’s highest court today overturned a 47-year-old German law that protected Volkswagen AG from takeover, opening the door for a long-rumored Porsche coup. Porsche already owns 31% of VW, but the law capped their voting rights at 20%. With that impediment gone, “... Read full story »

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Court Overturns Volkswagen Law, Takeover Likely

Porsche to exercise control in VW

Germany • European Union • mergers and acquisitions • automaker • European markets • Volkswagen • auto industry • European Court • Porsche

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Porsche, VW to Merge

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Bentley Planning $140K SUV

2011 brought company first profit in years

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Even healthier countries now feeling pinch

GM Won't Sell Opel After All

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