16-03-2025
Porsche, Piech Clans Mull Partial Sale of VW Shares, Bild Says
The billionaire Porsche and Piech family is exploring options to potentially reduce its voting stake in Volkswagen AG, according to a report by German tabloid Bild Zeitung.
The family's main investment vehicle Porsche Automobil Holding SE is discussing lowering its voting stake to 50% or 45%, from currently just over 53%, according to the report, which cites unidentified people familiar with the discussions. There's no agreement within the Porsche and Piech family on a share sale so far and the decision would need 'consensus' within the billionaire clan, the newspaper said.
