Thu Apr 21, 2016/Reuters Volkswagen (VOWG_p.DE) shares jumped more than 6 percent early on Thursday on expectations that the carmaker was close to reaching a deal to buy back 500,000 diesel cars in the United States in a step toward resolving an emissions rigging scandal. Regulators and prosecutors around the […]
Tag: Volkswagen
Dangote Eyes Majority Stake in Peugeot Nigeria-Reuters
By InvestAdvocate Lagos (INVESTADVOCATE)-Aliko Dangote, Africa’s richest man, has teamed up with Kaduna and Kebbi two (2) Nigerian states to bid for a majority stake in Peugeot Automobile Nigeria (PAN) Limited, a Reuters report on Thursday quoted Nasir El-Rufai, the governor of Kaduna State. According to the report, governor El-Rufai […]
VW institutional investors file $3.61 billion suit in Germany
Mon Mar 14, 2016/Reuters Almost 300 institutional investors in Volkswagen have filed a multi-billion euro suit against the carmaker for what they see as breaches of its capital markets duty in the emissions scandal, the law firm representing them said. The lawsuit, for damages of 3.256 billion euro ($3.61 billion), […]
