tag:blogger.com,1999:blog-783187048199841592.post8134023848903522161..comments2023-07-27T20:58:38.390+08:00Comments on China Autobusiness: How Porsche Buggered the Hedge FundsBertel Schmitthttp://www.blogger.com/profile/12513649190860986996noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-783187048199841592.post-5249593345652430232008-11-06T23:35:00.000+08:002008-11-06T23:35:00.000+08:00Well, maybe:20.1 % is owned by the State of Lower ...Well, maybe:<BR/><BR/>20.1 % is owned by the State of Lower Saxony, and they said, hell no, we won't let it go. <BR/><BR/>Leaves 79.9%<BR/><BR/>Porsche wants a majority of 75% so that tey can enter the below-mentioned "controlling agreement." <BR/><BR/>If they get that, there are only 4.9% left. Which for sure would elminate VW from the DAX, because the free float would be tiny. At that rate, maybe they won't care about being in the DAX.Bertel Schmitthttps://www.blogger.com/profile/12513649190860986996noreply@blogger.comtag:blogger.com,1999:blog-783187048199841592.post-7090232104012165362008-11-06T13:35:00.000+08:002008-11-06T13:35:00.000+08:00'Did Porsche want just a small chunk of VW? Or a b...'Did Porsche want just a small chunk of VW? Or a blocking minority of 25 percent? Or, gasp, would they go for 51 percent?'<BR/>--The latest news told us their aim is 76%.Anonymoushttps://www.blogger.com/profile/11387470452030560328noreply@blogger.com