This Week, Alex Ricciuti from WorldCarFans says (in VW Approves Porsche Merger) VW board agrees on final details to buy a 49.9 percent stake in Porsche AG by the end of this year. The company will complete a merger with Porsche AG parent company Porsche Automobil Holding SE by 2011.

And just-auto.com says (in GERMANY: VW board approves Porsche tie-up) Volkswagen's supervisory board has approved the contracts and final details for a staged takeover of Porsche.

Last Month, wot.motortrend.com says (in Volkswagen Seeks 49.9% Porsche Stake in $5.8 Billion Deal) Volkswagen has announced that it will take a 49.9% stake in Porsche AG at an estimated cost of 3.9 billion euros ($5.8 billion) in an initial step to integrate the sports car maker with the Volkwagen automotive group. The...

3 Months Ago, Jil from CanadianDriver says (in VW and Porsche to merge into single company) Volkswagen AG has agreed to buy a 42 per cent stake in Porsche, with the two companies merging into an integrated company by the end of 2011.