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Public IPO financing acquisitions Porsche offer Ultra 40 million euros





According to France Figaro reported yesterday, Germany automobile giants mass group 23, issued a statement increased Porsche the purchase price, the price has exceeded 40 million euros.

Mass that will issue up to 6500 million shares of preferred stock (does not include the right to vote) to help acquire Porsche car manufacturing sector financing. The public should determine its acquisitions on Friday and the conditions of the purchase price.

This message as well as the public in Frankfurt stock market brought fluctuations. Statement of the day to 4 p.m. in Frankfurt, the mass index declined 3.88 percentage points to