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Reality as well is that independently from the amount of shares they buy, can only have 20% of the votes and the German state of Lower Saxony (Niedersachsen) wi
by johannes1234321 8y ago
Reality as well is that independently from the amount of shares they buy, can only have 20% of the votes and the German state of Lower Saxony (Niedersachsen) will always have 20.2% by law.
https://en.m.wikipedia.org/wiki/Volkswagen_Act https://en.m.wikipedia.org/wiki/Volkswagen_Act
Also: Independent from current market value and imagining the law wouldn't exist they'd still have to pay quite a surplus on the market value and then have major trouble in handling a company of that size.
(Edit: oh I missed that the law has been changed since the Porsche takeover story ...)
- qaq 8y agoOk once :)