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Porsche and Piëch Families Deny Plans to Sell VW Shares Despite Speculation

Reports suggest internal discussions about a potential partial sale, but the families reaffirm their commitment to long-term ownership of Volkswagen.

  • The Porsche and Piëch families, through their holding company Porsche SE, control over 53% of Volkswagen's voting shares, ensuring majority control.
  • Media reports claim internal discussions are ongoing about potentially reducing their VW stake to 50% or 45%, but no decisions have been made.
  • Younger family members reportedly oppose a sale, while external advisors and some senior managers have suggested a partial divestment as a viable option.
  • Porsche SE has publicly denied any concrete plans or discussions with investors about selling VW shares, emphasizing its role as a long-term anchor shareholder.
  • Recent financial challenges, including significant non-cash write-downs on VW and Porsche AG holdings, have fueled speculation about the families' financial strategies.
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