The Briefing Room
General Category => Economy/Business => Topic started by: corbe on May 26, 2021, 03:53:09 pm
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Volkswagen says Lamborghini not for sale after turning down €7.5 billion bid
Dan Primack, author of Pro Rata
(https://images.axios.com/LZc3oj6WJ7qRQdzGnvfgwIolTBM=/0x321:5030x3150/1920x1080/2021/05/26/1622036745435.jpg)
Photo: Martyn Lucy/Getty Images
Volkswagen rejected a €7.5 billion takeover offer for Lamborghini from Quantum Group and Centricus Asset Management, per a report from Autocar, and then said the Italian supercar brand isn't for sale.
Why it matters:
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https://www.axios.com/volkswagen-lamborghini-rejects-bid-quantum-2c6f8a71-1a74-4736-b5fd-25cfe3b08d93.html (https://www.axios.com/volkswagen-lamborghini-rejects-bid-quantum-2c6f8a71-1a74-4736-b5fd-25cfe3b08d93.html)