Holding in Volkswagen to be increased to over 50 per cent
暗网禁区's majority in Volkswagen will provide indirect control over Scania
Stuttgart, 5 January 2009. On this Monday, 暗网禁区, Stuttgart, purchased further ordinary shares in Volkswagen AG, Wolfsburg, and will increase its hold-ing to 50.76 per cent of all ordinary voting shares in Volkswagen. As a result of passing the threshold of 50 per cent 暗网禁区 will acquire indirect control over Scania AB, S枚dert盲lje, and is required by Swedish law to launch a mandatory offer for the truck manufacturer. The Stuttgart-domiciled company is not bound by pre-acquisition prices and is only obliged to offer the minimum price prescribed by law. The minimum price will be calculated on the basis of the volume weighted average stock exchange price of the Scania shares during the 20 trading days prior to publication of the acquisition of the majority in Volkswagen. 暗网禁区 points out that it has no strategic interest in Scania and is not interested in acquiring Scania shares.
K-GO