While everyone believed that the much-anticipated merger between Porsche and Volkswagen was a done deal, the two German automakers said they won't meet the 2011 deadline.
The main causes of uncertainty are the ongoing proceedings and actions brought against Porsche SE in Germany and the USA for alleged market manipulation. From Volkswagen's perspective, the continuing legal hurdles mean that it is currently impossible to quantify the economic risks of a merger and therefore to perform the valuation of Porsche SE.
The project isn't dead, however. All parties remain committed to the goal of creating an integrated automotive group and are convinced that it will take place.
The main causes of uncertainty are the ongoing proceedings and actions brought against Porsche SE in Germany and the USA for alleged market manipulation. From Volkswagen's perspective, the continuing legal hurdles mean that it is currently impossible to quantify the economic risks of a merger and therefore to perform the valuation of Porsche SE.
The project isn't dead, however. All parties remain committed to the goal of creating an integrated automotive group and are convinced that it will take place.