Porsche increasing ownership of VW to 50%

Dost thou smelleth a hostile takeovereth?

Medieval speak aside, it's wasn't really known if Porsche's increase of ownership in Volkswagen from 31-35% was an indication of a takeover, but now it's pretty clear as the luxury sports car company will announce at the end of the month that it will increase its stake in the German auto maker to 50%.

While 20% of the company is owned by Lower Saxony, Porsche has positioned itself to really be the one calling the shots, which can probably ensure greater quality at the affordable prices that VW has its customers accustomed to. Is it a great move? We'll see, I guess...

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Porsche increasing ownership of VW to 50%

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