WikiWirral Wirral's Biggest Online Forum
Forum Stats
12137 Members
65 Forums
72400 Topics
976204 Posts
60 posts in the last 24hrs
Max Online: 7831 @ 8th Apr 2013 4:18pm
Who's Online - Click Me
75 registered (alan128, 10 invisible), 1515 Guests and 251 Spiders online.
Key: Admin, Global Mod, Mod
Social Media : Follow Us


(Views 7days)This Weeks Most Read
Vet help 573
Another Big Waste Fire in Liverpool. 521
Talk Talk Security Breach 435
Anyone Read Chinese Writing 368
Another tree down on Arrowe park Road? 288
Mobile mechanic needed to fit a wishbone 259
That was kept a bit quiet? 245
RIP Peter Vaughan 193
Game shocking prices!!! 164
Cowhouses 161
New General Forums
Lib/dems rule the day
by JimmyG
2nd Dec 2016 10:59pm
Daft funny joke
by venice
2nd Dec 2016 5:54pm
We dont learn much.
by venice
1st Dec 2016 9:22pm
Freegle
by venice
1st Dec 2016 6:36pm
New Wirral History
Cowhouses
by Norton
03:34 PM
Name help
by Paternoster21
3rd Dec 2016 8:03am
HMT Lancastria
by granny
2nd Dec 2016 11:38pm
Cubitts Holland and Hannen
by fish5133
27th Nov 2016 5:38pm
Fire station
by chris7777
22nd Nov 2016 12:24pm
Forum Tips
Photo Gallery Forums
fireworks on the Mersey last night
Hadlow train station
Topic Replies
Cowhouses
by fish5133
02:23 AM
Virgin broadband
by fish5133
02:18 AM
Iphone 5s, Grey, near mint condition, £50
by _Steve_
09:59 PM
Merseyrail
by TheComputerLab
09:14 PM
Steel frame with wheels
by anniebo28
08:06 PM
Mountain bike carrera Vulcan £100 excellent cond
by TheComputerLab
03:57 PM
Offline Monday
by Mark
12:13 PM
Anyone Read Chinese Writing
by Tranquil
01:44 AM
Talk Talk Security Breach
by eddtheduck
9th Dec 2016 10:46pm
December
M Tu W Th F Sa Su
1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31
Recent Posts : What's On ?
Wirral TUC Meeting re Update on Wallasey CLP Suspe
by RUDEBOX
30th Nov 2016 9:16pm
World Aids Day Event 2016. Liverpool
by RUDEBOX
30th Nov 2016 9:05pm
Topic Options
Rate This Topic
#258110 - 17th Sep 2008 3:27pm Porsche increases its stake in VW!!!
StuyMac Offline

Wiki Master

Registered: 24th Nov 2003
Posts: 12002
Loc: Wirralshire
Something I never knew - tbh I thought VW would own Porsche, not the other way round, epecially when Audi are also part of VW... (VAG - Volkswagon Audi Group) think


Porsche has tightened its grip on VW by acquiring a further 4.89% stake in the company. The sportscar manufacturer now has a 35.14% stake in VW and has a lasting majority at the VW annual general meeting.

Dr. Wendelin Wiedeking, Chief Executive Officer of Porsche, said: ‘Our goal continues to be to increase our stake in Volkswagen to more than 50 per cent. Today’s step is a further milestone along this road.’ He added: ‘We look forward to continuing and intensifying our cooperation with the Managing Board of Volkswagen, which is based on a spirit of mutual trust, and are hoping for a quick resolution of the conflict between the employee representatives of Porsche and VW.’

By going above 35 per cent of the voting rights, Porsche will acquire de facto control of the Wolfsburg-based group. As a result, employee representatives of Volkswagen will now take seats in the Works Council of Porsche SE and the Supervisory Board of Porsche SE. As a result of the new shareholder structure, Porsche is required by law to submit a formal mandatory offer for the VW subsidiary Audi AG, Ingolstadt.

The relevant offer documents must be filed with the German Federal Agency for Financial Services Supervision within the next four weeks. This formality is a statutory requirement and has no effect whatsoever on the intentions of Porsche. Dr. Wiedeking commented: ‘We regard Audi as an integral part of the Volkswagen group and have no interest in removing the company from the group structure.’

In light of this, Porsche will only offer the minimum price prescribed by law for the shares, which is expected to be about 487 Euro per Audi share. Volkswagen has stated that it will not be accepting the offer for its 99.14 per cent of the Audi shares. In practice, therefore, the mandatory offer only relates to a freefloat of 0.86 per cent, representing approximately 370,000 Audi shares. Based on last Monday’s closing price, these are valued at approximately 170 million Euro.

_________________________


What If There Were No Hypothetical Questions?

Top
AutoWirral : Advertising
Click me for more Information......

* * * Dentwiz : Paintless Dent Repair * * *
Now Advertise with WikiWirral.
WikiWirral stats 35,000 Page Views a Day +500 Search Engines.. Click Me
#258116 - 17th Sep 2008 3:30pm Re: Porsche increases its stake in VW!!! [Re: StuyMac]
mike849 Offline
Veteran

Registered: 20th May 2008
Posts: 776
Loc: hell/lincolnshire
if they were to take over what would happen to vw and audi?!
_________________________
WHY SO SERIOUS???

Top
#258120 - 17th Sep 2008 3:33pm Re: Porsche increases its stake in VW!!! [Re: mike849]
StuyMac Offline

Wiki Master

Registered: 24th Nov 2003
Posts: 12002
Loc: Wirralshire
They'd start sticking the engines in silly places - like in the boot of the Passat, Golf, and TT raftl
_________________________


What If There Were No Hypothetical Questions?

Top
#258122 - 17th Sep 2008 3:35pm Re: Porsche increases its stake in VW!!! [Re: StuyMac]
mike849 Offline
Veteran

Registered: 20th May 2008
Posts: 776
Loc: hell/lincolnshire
raftl they would probably rename the fleet as well!
_________________________
WHY SO SERIOUS???

Top
#258131 - 17th Sep 2008 3:48pm Re: Porsche increases its stake in VW!!! [Re: StuyMac]
golfvr Offline
Forum Addict

Registered: 13th Oct 2004
Posts: 1522
Loc: Birkenhead
Originally Posted By: StuyMac
They'd start sticking the engines in silly places - like in the boot of the Passat,


whooooooooooohooooooooooooooo Im in smile

Does that make my car a Porsche Passat Est, Im going to buy a Porsche keyring for my keys.


Fact is the 1st mass production and most famous Vw, The Beetle was designed and pioneered by Dr.Ferdinand Porsche.
Hence the links with Vw/Porsche

And Porsche also made Tractors,I kid thee not.

And on that bombshell

Do you homework as I'll be asking questions later.

Paul
_________________________

Top
#258134 - 17th Sep 2008 3:50pm Re: Porsche increases its stake in VW!!! [Re: golfvr]
StuyMac Offline

Wiki Master

Registered: 24th Nov 2003
Posts: 12002
Loc: Wirralshire
As long as one of the questions isnt "Why did tehy sling the engine way out back - behind the rear axle?"

...I dont think anyone knows the answer to that, and its taken all this time to get them handling right raftl
_________________________


What If There Were No Hypothetical Questions?

Top
#258161 - 17th Sep 2008 4:16pm Re: Porsche increases its stake in VW!!! [Re: StuyMac]
mike849 Offline
Veteran

Registered: 20th May 2008
Posts: 776
Loc: hell/lincolnshire
raftl but when they stuck the engine in the front the car becomes a mostrosity for example the cayenne!
_________________________
WHY SO SERIOUS???

Top

Moderator:  StuyMac 
Random Wirral Images

Click to View Topic.
Newest Topics
Virgin broadband
by corona
05:20 PM
Cowhouses
by Norton
03:34 PM
Merseyrail
by ambersmum
02:52 PM
Offline Monday
by Mark
12:13 PM
Anyone Read Chinese Writing
by Tranquil
9th Dec 2016 3:47pm
For Sale & Free
Steel frame with wheels
by anniebo28
08:06 PM
Mountain bike carrera Vulcan £100 excellent cond
by TheComputerLab
03:57 PM
Micro desktop PC
by anniebo28
8th Dec 2016 2:24pm
Iphone 5s, Grey, near mint condition, £50
by anniebo28
7th Dec 2016 7:40pm
Roberts Concerto 2 CD Player For Visually Impaired
by Tranquil
6th Dec 2016 10:05pm
Featured Member
Registered: 12th May 2013
Posts: 230
Newest Members
lucyw, BarbaraL, SherryLover, missyb, DavidSharpe
12137 Registered Users
Today's Birthdays
No Birthdays
New Wirral Info
Anyone Read Chinese Writing
by Tranquil
9th Dec 2016 3:47pm
Gymnastics coaches needed.
by margy
3rd Dec 2016 9:28pm
Wirral Globe
by locomotive
1st Dec 2016 6:25pm
Wirral TUC Meeting re Update on Wallasey CLP Suspe
by RUDEBOX
30th Nov 2016 9:16pm
World Aids Day Event 2016. Liverpool
by RUDEBOX
30th Nov 2016 9:05pm
News : New Topics
Geert Wilders
by fish5133
9th Dec 2016 2:44pm
RIP Peter Vaughan
by diggingdeeper
7th Dec 2016 4:22am
That was kept a bit quiet?
by venice
6th Dec 2016 11:25am
Another tree down on Arrowe park Road?
by Davefabo
6th Dec 2016 11:08am
Bunchems Xmas present warning
by venice
6th Dec 2016 9:28am
New Enthusiast Forums
Virgin broadband
by corona
05:20 PM
Talk Talk Security Breach
by fish5133
7th Dec 2016 6:19pm
Mobile mechanic needed to fit a wishbone
by anniebo28
6th Dec 2016 7:13pm
Vet help
by colin86
6th Dec 2016 6:25pm
Game shocking prices!!!
by eddtheduck
5th Dec 2016 4:55pm
(Views 24hrs)Trending Newest Topics
Cowhouses 161
Virgin broadband 140
Steel frame with wheels 44
Merseyrail 28
Offline Monday 18
Wirral Sunrise Sunset
Sunrise Sun 8:19am
Sunset Sun 3:52pm
Local Time Sun 8:06am
WikiWirral Can . . . .