February 28, 2020 / 6:53 PM / a month ago

VW offers to buy out minority shareholders in Audi

FRANKFURT, Feb 28 (Reuters) - Volkswagen on Friday said it has offered to buy out minority shareholders in premium brand Audi AG, via a so-called squeeze out offer.

Volkswagen AG already holds approximately 99.64% of the registered share capital of Audi AG. (Reporting by Edward Taylor Editing by Chris Reese)

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