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by johannes1234321
2947 days ago
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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) will always have 20.2% by law.
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 ...) |
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