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Financing for the acquisition of Porsche 65 million public offering of preferred shares





Kenilworth (static Crystal) mass automobile sale shares worth a total of us $ 45 billion euros (about US $ 61 billion) of the preferred stock, this is to for its acquisition of financing Porsche. Sale of preferred stock total 6500 million shares.

Volkswagen spokesman said last week: "the mass of this capital increase will be used for mass Porsche merger project. At the same time, to improve the company's financial situation at the same time, this increase will also ensure that the public's credit rating. ”

[Edit: barrychen]