Volkswagen Overtakes Exxon Volkswagen Overtakes Exxon
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  1. #1

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    Default Volkswagen Overtakes Exxon

    ......as Most Valuable Company

    Oct. 28 (Bloomberg) -- Volkswagen AG became the world's biggest company by market value after Porsche SE announced plans to raise its stake in the German carmaker to 75 percent, .................

    http://www.bloomberg.com/apps/news?p...n5M&refer=home

    Strange.
    Bored.

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    Quote Originally Posted by ace00 View Post
    ......as Most Valuable Company

    Oct. 28 (Bloomberg) -- Volkswagen AG became the world's biggest company by market value after Porsche SE announced plans to raise its stake in the German carmaker to 75 percent, .................

    http://www.bloomberg.com/apps/news?p...n5M&refer=home

    Strange.
    Porsche took its stake of VW to 74.1% so now controls the most valuable company!

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    Quote Originally Posted by YHB View Post
    Porsche took its stake of VW to 74.1% so now controls the most valuable company!
    So basically now they rename VW as Porsche and everyone can finally buy one? Time for Ferrari to take over Fiat! Oh wait...

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    Quote Originally Posted by YHB View Post
    Porsche took its stake of VW to 74.1% so now controls the most valuable company!
    no they did not.

    Porsche has about 34% now.

    Porsche plans to get 51% before the end of the year and later to get 74.1 %.

    That is quite different from what you said.

    Get the facts straight before extrapolating.

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    Quote Originally Posted by ThomasSoerensen View Post
    Get the facts straight before extrapolating.
    Oooooooooooooooooooooooooooooooooh

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    Quote Originally Posted by AtW View Post
    So basically now they rename VW as Porsche and everyone can finally buy one? Time for Ferrari to take over Fiat! Oh wait...
    Quite apt seeing that Mr Porsche used to work for VW
    The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.

    But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”

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    Quote Originally Posted by AtW View Post
    So basically now they rename VW as Porsche and everyone can finally buy one? Time for Ferrari to take over Fiat! Oh wait...
    Or Porsche increases the price of all VW's to Porsche levels and you can no longer afford a VW.

    It would seem more logical to continue with their proven strategy than to devalue their brand.

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    yes but did they indicate?

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    Quote Originally Posted by ThomasSoerensen View Post
    no they did not.

    Porsche has about 34% now.

    Porsche plans to get 51% before the end of the year and later to get 74.1 %.

    That is quite different from what you said.

    Get the facts straight before extrapolating.
    step 1) Go to google
    step 2) Type in Porsche 74.1%
    step 3) shut up



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    Last edited by YHB; 28th October 2008 at 13:54.

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