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29 Mar 2007, 23:10 (Ref:1879550) | #1 | |||
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Porsche to affect full takeover of VAG
Quote:
more HERE Given the Sportscar Racing implications, I thought this was worthy of discussion here. |
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30 Mar 2007, 00:27 (Ref:1879585) | #2 | |||
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Quote:
L.P. |
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30 Mar 2007, 00:31 (Ref:1879586) | #3 | ||
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The way it was reportted here, the offer price was ~10-15% off the current market price... so its a toothless takeover... and wont fully execute unless the market price falls and/or investors are happy to see to Porsche at less than they could get on the general exchange
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30 Mar 2007, 02:16 (Ref:1879616) | #4 | |
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The situation is a bit confusing to me, but it looks like Porsche is only required to make an attempt at full purchase and doesn't actually have to or will. Am I right?
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30 Mar 2007, 02:45 (Ref:1879620) | #5 | ||
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It can make an offer with no end date and no success criteria is my understanding
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Go woke, Go broke… Here’s hoping a random universe works out in your favour… The meaning of life… ENJOYING THE PASSAGE OF TIME! #CANCERSUCKS |
30 Mar 2007, 05:18 (Ref:1879650) | #6 | |||
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Porsche have been saying all along, they do not want full control.
Even though they have to make a bid by law, they have led the press to belive they will offer below the asking price to ensure the bid is not accepted. Quote:
http://news.bbc.co.uk/1/hi/business/6492715.stm?ls |
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30 Mar 2007, 05:32 (Ref:1879658) | #7 | |
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That is what I thought.
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2 Apr 2007, 12:51 (Ref:1881939) | #8 | ||
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Family politics...
Look at who owns VAG, I think its 30% Porsche, 30% local government and 30% Porsche family... |
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Chase the horizon |
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