VW finalises Porsche takeover

Volkswagen said today it was on track to finalise the full takeover of sports car manufacturer Porsche by the end of the month.

Volkswagen said today it was on track to finalise the full takeover of sports car manufacturer Porsche by the end of the month.

The German car firm said Porsche AG would become another fully-integrated brand of the Volkswagen group as of August 1.

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