BERLIN—Volkswagen AG greatest shareholder, Porsche Automobil Holding SE mentioned it would acquire 25% in addition one particular further share of the voting stock in Porsche AG when VW lists the sports-auto model, which could happen by the conclusion of the month, the companies claimed on Saturday.
VW, Europe’s major car maker by income, said the companies’ boards would meet on Monday to examine the personal placement of widespread inventory and no matter whether to go ahead with an preliminary public giving of 25% of Porsche’s nonvoting most popular shares. If accepted, Porsche shares could start off trading at the conclude of the month or in early October, VW reported.