Porsche Automobil Holding SE, Stuttgart (Porsche SE), came to an agreement with Suzuki Motor Corporation, Shizuoka, to acquire over the counter a stake of 1.5 percent in ordinary shares of Volkswagen AG, Wolfsburg. The parties involved agreed not to disclose the purchasing price. Accordingly, the stake of Porsche SE in ordinary shares of Volkswagen increases to 52.2 percent. The stake of subscribed capital will amount to 32.4 percent.

Hengeler Mueller advised Porsche SE on the acquisition. The Hengeler Mueller team includes partners Andreas Austmann and Carsten Schapmann (both M&A/Corporate, Düsseldorf).