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

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

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 - The Benefits of Entering

Gain the recognition you deserve! The Just Auto Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving automotive industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now