Reported about 12 hours ago
Porsche SE, the major shareholder of Volkswagen, has stated it is not considering selling its voting shares in the company, dismissing a report that indicated potential divestment. The firm expressed its commitment to remaining a long-term shareholder and raised concerns about the reliability of information suggesting a reduction in their stake, which currently stands at 53.3%. Despite substantial impairments reported on its holdings, Porsche SE emphasizes its dedication to Volkswagen's growth.
Source: YAHOO