Monday, July 27, 2009
VW and Porsche Merger
Wendelin Wiedeking, Germany's highest-paid executive,The chief executive of Porsche, forced to quit along with , Holger Härter, Finance chief. Will this accelerate merger of Volkswagen and Porsche.VW chairman Ferdinand Piëch, is the grandson of Ferdinand Porsche who designed the original VW Beetle. Ferdinand Porsche is the founder of Porsche and VW during 1930s. Yet another Merger and Acquisition process watched by commercial world as well as the watchdogs, Competition Authorities round the globe.
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