Porsche SE Confirms No Plans to Sell Volkswagen Shares

Reported about 10 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

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