Ex-Porsche CFO Charged with Fraud

Ex-Porsche CFO Charged with Fraud
Share this Article
Earlier this year, news broke that Volkswagen had plans to to do a full takeover of Porsche, which VW owned 49.9-percent of. But now the former CFO of Porsche, Holger Haerter, is one of three people being charged with fraud in Germany over Porsche’s intent to supposedly acquire VW. According to investors, Porsche had denied… Continue Reading...

Porsche Casts Doubt Over Volkswagen Merger

Porsche Casts Doubt Over Volkswagen Merger
Share this Article
Porsche is looking increasingly unsure over a potential takeover by Volkswagen, which currently holds a 49.9-percent stake in the sports car maker. Porsche Automobil Holding SE is the company that holds the 50.1% majority of Porsche AG, the manufacturing arm that actually builds the cars. But Volkswagen is looking to exercise an option that allows… Continue Reading...
x

Subscribe to our email newsletter and automatically be entered to win.