Volkswagen is preparing to absorb the brand Porsche

German Volkswagen Group back in 2009 acquired 49.9% shares of another German car manufacturer - Porsche. Three years later, VW intends to acquire the remaining 50.1% of the company and thus fully absorb the brand.
If the first transaction cost "Volkswagen" of 3.9 billion euros, the second will result in 4.46 billion euros and its one ordinary share. After the closing, scheduled for August 1 this year, the German company will become a full owner is no longer nine, and ten marks, namely: Audi, Skoda, Bugatti, Volkswagen, Seat, Bentley, Lamborghini, MAN, Scania and Porsche.
Recall that initially, seven years ago, the situation with Porsche and Volkswagen has been dramatically reversed. That Porsche was trying to absorb the concern VW. But for this company would have to take big loans from credit banks, and this would lead to very serious losses. Then came the financial crisis and the automaker still had to abandon this idea.