Financial Times FT.com

Volkswagen eyes move on Porsche

By Daniel Schäfer in Frankfurt

Published: April 22 2009 23:33 | Last updated: April 22 2009 23:33

Volkswagen is considering an audacious bid for Porsche’s automotive business, in another extraordinary twist in the corporate saga surrounding Germany’s most famous car dynasty.

Several people close to the situation said VW’s management was weighing the option of buying Porsche AG, in a move that would bring relief to the highly indebted parent Porsche SE holding company.

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