1Mes
I read something earlier that Porsche, as a major customer, is supporting varta with a large investment!
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@Manu85 The concept will "significantly reduce the company's debt and provide it with fresh liquidity". It provides for the entry of a company controlled by Varta majority shareholder Michael Tojner (MT InvestCo) and a Porsche investment company as new shareholders. The restructuring concept will secure the financing of Varta AG until the end of 2027.
So cut and when legacy burdens and shareholders are gone then they help
So cut and when legacy burdens and shareholders are gone then they help
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@Manu85 That's actually the case. The whole behavior after Starug really pisses me off. Especially the fact that $P911 is apparently involved in the process as a profiteer. A no-go for me as a shareholder. I had Porsche on my watch list, but after the last few days I will forget about it. European shares in general in the light of the Starug. This is more like gambling for small shareholders.
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@marda304 Exactly, they could have let us participate in the recapitalization.
The old shares would still be worthless, but it would have given us the chance to raise new money in the market. 🤣
The old shares would still be worthless, but it would have given us the chance to raise new money in the market. 🤣
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