„Volkswagen“ acquire „Portia“ to 8 billion euros

The Supervisory Board of the German giant avtomobilostroitelen „VW“ today agreed to establish a new global automotive force a two-step acquisition of the legendary company disputes vehicles Portia to 8 billion euros (11.4 billion dollars).

Under the agreement announced CEO of „VW“ Vinterkorn Martin said that the road is now open for the creation of a united group, Volkswagen Portia „while preserving the independence of the disputed mark.
The new company will be „great power“ in the business world avtomobilostroitelen notes Vinterkorn.

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Finance