To the casual observer, the notion of Porsche acquiring the Volkswagen Group is hard to believe. Of course, those of you who have been following the auto industry for the last few years know that’s exactly what’s about to happen. But when the deal is done, the end result might ultimately be different from what one might expect.
As it turns out, post-acquisition VW probably won’t be a subsidiary of Porsche . Rather, the Porsche division will almost certainly become a brand in the Volkswagen Group, much like Audi , Bentley , or Lamborghini ,
Analyst Arndt Ellinghorst told the Automobilwoche Congress in Berlin. “We expect a reverse takeover. In the long term, Porsche will be a brand in the VW group,” he said. “It is in the interests of the Porsche family that VW takes a dominant role,” he said.
Porsche effectively controls 74.1 percent of Volkswagen — thanks to a 42.6 percent controlling stake and 31.5 percent in cash-settled options on ordinary shares.
