The Porsche Dilemma: Firesale Or Bankruptcy

The Porsche drama has morphed into a full blown tragedy: Porsche has until Monday to decide whecá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365r it is willing to accept what is essentially a firesale bid by Volkswagen and Lower Saxony for 49% of cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 company in exchange for €3-4 billion. As a result of cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 transaction, cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 two companies would merge, with cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 Piech and Porsche controlling a 40% stake, Lower Saxony owning 20%, Qatar 15%, and a separate state fund having a 5% stake. Qatar has made it clear that it would only participate in a deal that involves all cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 listed parties and will not be last ditch white knight. If Porsche does not accept by Tuesday, cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 deal will be pulled, and Porsche will have to pay back a €700 million loan to VW.



Source: Spiegel, hat tip Doru Sphere: Related Content

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