As expected, Porsche has offered EUR100.92 per ordinary share in its mandatory takeover offer for Volkswagen.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Preference shares will attract a price of EUR65.45 euros, according to preliminary calculation.


Porsche said it now holds 30.94% of shares.


The current share price is over EUR112 euros, meaning that shareholders are unlikely to accept the offer. Porsche is offering the lowest possible price for shares because it is only making an offer because it is a mandatory requirement having increased its stake above 29.9%.


Were Porsche to launch a full takeover offer at this point it believes it would be paying a premium for shares.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Preference shares are currently trading at EUR75.5 [11:30GMT Wednesday 28 March].


By making a takeover offer now, Porsche said it will be able to increase its stake in time, when conditions suit, without having to make a full takeover offer again.

Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now