It was with the German government that Porsche stopped the acquisition of VW ...
Haha ~. This video was really easy to understand! A story from the time when Porsche was not under the umbrella of Volkswagen.
I am weak in hedge fund stories and numbers, so I am sorry if I misrepresent the nuances of the details, so I will not translate the contents this time, but for the time being, this "Why Porsche is now under the umbrella of VW If you are interested in "Are you in Japan?", I think you can understand it very well if you watch this video ^ ^
In summary, in the past (when they were still separate companies) Porsche continued to buy more shares of VW, but said, "No, I'm not going to buy VW. I'm supporting VW to do my best. I just kept saying.
It may have been a true feeling until some point (?), But after all it was "What are you saying, Porsche is not just a lie. Porsche originally said VW I was eager to buy it, wasn't it? "
So, in the end, Porsche decided to "buy VW after all", but it was the German government that stopped it. Stop it, or stop it.
Furthermore, it was Ferdinand Piëch, the grandson of Porsche founder Ferdinand Porsche, who eventually stopped Porsche from acquiring VW by working behind the scenes with the German government. And. Mr. Piehi ~.
Mr. Piech, who owned both VW and Porsche shares and had power over both companies, was originally disliked by the German government and moved in the direction of quitting Mr. Piech from his current position. It seems that he was there, but Mr. Piëch, who will eventually join hands even with such a German government, is amazing.
I wrote about Mr. Piëch here before, so if you are interested in this too ↓
Reference article:About Ferdinand Piëch (1937-2019)
So, as a continuation of the story, the end is that VW will merge Porsche and join it. And it continues to the present as it is.
It seems that there are still a lot of talks about what to do with Porsche in VW, but I'm sure there are various stories moving inside. Maybe (laughs).
Related article:
◆ News that Porsche may be listed
◆ Volkswagen CEO opposes Porsche IPO
This video is in English, but it's very easy to understand just by looking at it because it contains a lot of figures, so if you have about 13 minutes and are interested, please do.