GERMANY: VW readies EUR4bn rights issue
Volkswagen will launch the biggest ever rights issue in Germany next month. It is hoped that the 65 million shares offering will raise EUR4bn to help with VW's expansion plans as well as replenish available capital reserves following VW's raised stake in Porsche.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable