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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Volkswagen AG | TG:VOW | Tradegate | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.80 | 0.60% | 133.40 | 132.90 | 133.80 | 134.00 | 132.40 | 133.10 | 4,290 | 22:50:02 |
From May 2019 to May 2024
--Volkswagen plans to acquire a 20% stake in Chinese battery maker Guoxuan High-Tech Co. Ltd. via a discounted private share placement in the coming weeks, Reuters reports, citing two unnamed sources with knowledge of the matter.
--The purchase of the stake, worth about $560 million based on Guoxuan's current market capitalization, would make Volkswagen the company's second-largest shareholder.
--The deal has largely been finalized but the two companies are awaiting new rules in China on private share placements, Reuters reports.
Full story: https://reut.rs/30t1rMh
Write to Singapore editors at singaporeeditors@dowjones.com
(END) Dow Jones Newswires
January 17, 2020 00:55 ET (05:55 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year Volkswagen Chart |
1 Month Volkswagen Chart |
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