Porsche

Porsche’s board of management said Monday that it still favors a merger with Volkswagen and doesn’t want to limit the potential deal to a specific time frame.

The Porsche board released a statement that said: “We are convinced that the targeted integrated car-manufacturing group is the best industrial solution for all stakeholders involved. That is the case for the companies as well as for the respective workforce. Thus we do not want to put anybody under time pressure.” Read more…