VW to finalise Porsche takover for EUR 3.9billion

Unidentified managers within the VW hierarchy have confirmed that they will set up a a holding company to take control temporarily. It is believed by completing the transaction before 2014 will save the company EUR 1 billion in taxes.

Source: http://feeds.worldcarfans.com/~r/worldcarfans/Jxfz/~3/ILP-1bXm93g/vw-to-finalise-porsche-takover-for-39billion

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