Porsche Options Use Leads To Disclosure Calls

31 Oct 2008

Lawyers and investors are calling for changes in German law to require earlier disclosure of corporate stake building after automaker Porsche reportedly took advantage of loopholes in building up its stake in Volkswagen.

Lawyers and investors are calling for changes in German law to require earlier disclosure of corporate stake building after automaker Porsche reportedly took advantage of loopholes in building up its stake in Volkswagen. Currently, companies need not disclose holdings until they gave legal right to acquire the stock, ...

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