Nokia unveils plans for new music phones, mini-laptop in coming monthsNokia plans more phones, netbook STUTTGART, Germany — Nokia Corp., the world’s biggest maker of cell phones, unveiled new models Wednesday that boast more music features and mesh better with Facebook and the Finnish company’s upcoming netbook. Porsche planned to acquire VW, only to find the tables turnedPorsche’s failed plan to acquire VW STUTTGART, Germany — Porsche Automobil Holding SE started out with the goal of acquiring much larger Volkswagen AG but in the process got upended by the financial crisis — and now finds its sports car business about to be put under VW’s umbrella in a merger. Germany’s VW presents plan to merge with Porsche after sports car maker’s CEO, CFO dismissedVW plans merger with Porsche STUTTGART, Germany — The best thing Volkswagen AG can do when it carries through its proposed merger with Porsche is this: Leave Porsche alone and reap the revenue from a glossy brand with loyal, rich customers, analysts say. Germany’s VW presents concept to merge with Porsche after CEO, CFO let go amidVW presents concept to merge with Porsche STUTTGART, Germany — Volkswagen AG said Thursday it will pursue an eventual merger with Porsche SE under VW’s leadership, vowing the luxury sports car maker will retain its independence. Germany’s VW to pursue integrated company with PorscheVW to pursue deal with Porsche STUTTGART, Germany — Volkswagen AG says it will pursue an eventual combination with Porsche but vows the sports car maker will not lose its independence. Volkswagen has concept to merge with Porsche, says sports car maker won’t lose independenceVolkswagen presents concept to merge with Porsche STUTTGART, Germany — Volkswagen AG says it has agreed to a concept that would see it merge with Porsche Automobil Holding SE, but vows the sports car maker not lose its independence. Porsche says CEO, CFO step down, clearing way for merger with VolkswagenPorsche CEO steps down, making way for VW merger STUTTGART, Germany — Porsche chief executive Wendelin Wiedeking is leaving the luxury sports car maker after 16 years at the helm, a move widely expected to clear the way for a merger with Volkswagen AG. Report: Volkswagen raises bid for troubled Porsche before supervisory board meetingReport: Volkswagen raises bid for Porsche STUTTGART, Germany — Volkswagen AG has increased its offer to take a 49.9 percent stake in troubled sports car maker Porsche to more than euro4 billion ($5.56 billion), according to a media report Saturday. Porsche: German state-owned bank rejects demand for euro1.75 bln credit, but Qatar eyes stakePorsche denied credit demand, Qatar eyes stake STUTTGART, Germany — Porsche said Tuesday that a state-owned German development bank has rejected its application for euro1.75 billion ($2.46 billion) in credit, but that a Qatar investment fund has offered to buy a stake in the sports car maker. Porsche rejects VW offer to take 49 percent stake in sportscar makerPorsche rejects VW offer STUTTGART, Germany — Porsche has rejected Volkswagen AG’s bid to take a 49 percent stake in the sports carmaker, a company spokesman said Monday. |
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