– Thoughts on Strategy and Management

Locust to take over VW?

Only yesterday I wrote about my doubts what strategic reasons Porsche might have for their VW takeover bid. Today German news service Czerwensky intern provided an interesting explanation:
There are rumours that Cerberus Capital Management, a billion Dollar hedge fund, considers to take over VW.
Well this actually would be a good reason for Porsche and even more for Ferdinand Piech to act as quickly as they did. A hedge fund would most probably break up VW group, which consists of a broad range of valuable automotive brands, and sell it piece by piece. I already explained why this can’t be in the interest of Porsche and Piech.
Cerberus already hired former VW top manager Wolfgang Bernhard. Czerwensky put it really nicely: “… and we all thought they want to buy Chrysler”.
So let’s see what happenes.

LIKE WHAT YOU'VE READ? If so, subscribe to our mailing list. Just enter your best mail address and press the Subscribe button!

Comments are closed.