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VW Group Shoots Down $9 Billion Lamborghini Bid - The Truth About Cars

Lamborghini has changed hands more than a few times since it was founded as a way to show up Ferrari in 1963. It’s currently owned by Volkswagen Group, which recently made it clear that it has no intention of selling the brand. The Anglo-Swiss Quantum Group reportedly made an offer to buy the raging bull […]
Quantum Group Volkswagen Group Swiss Quantum Group Automotive Innovation Centre Anglo Swiss Quantum Group Automotive Innovation

Volkswagen Group offered €7.5 billion to sell Lamborghini

Volkswagen has received an offer of €7.5 billion for Lamborghini from Quantum Group AG, despite it not being on sale. Volkswagen Group is said to have received an offer of €7.5 billion for Lamborghini. According to a media report, the offer comes from Quantum Group AG - a Zurich-based holding company. Quantum Group AG is represented by Rea Stark, Co-Founder, Piech Automotive - another Zurich-based company. Piech Automotive executives include Anton Piech (son of former VW Group Chairma...
Anton Piech Ferdinand Piech Matthias Muller Vw Group Quantum Group Volkswagen Group

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LONDON BRIEFING: M&S weathers virus with help from government, Ocado

LONDON BRIEFING: M&S weathers virus with help from government, Ocado Wed, 26th May 2021 08:21 (Alliance News) - Clothing, homewares and food retailer Marks & Spencer on Wednesday reported a fall in revenue and swing to loss for its recently ended financial year, but hailed its transformation in the period. Revenue fell by 10% to GBP9.16 billion in the year to April 3 from GBP10.18 billion, with M&S swinging to a pretax loss of GBP209.4 million from profit of GBP67.2 million the year before. "Ou...
United Kingdom United States City Of Murano Bidco Steve Rowe White Rose
Source: lse.co.uk

Reports suggest Volkswagen Group has received a £6.5 billion offer for Lamborghini

Reports suggest Volkswagen Group has received a £6.5 billion offer for Lamborghini (Lamborghini) Luxury car brand Lamborghini is the subject of a €7.5 billion (£6.5bn) offer, according to reports. Autocar magazine says a non-binding offer has been made in a letter of intent to the Volkswagen Group, which currently owns the firm. The offer has come from a new Zurich-based holding company called Quantum Group AG, which is said to have formed a consortium with London-based investment firm Cent...
Santagata Bolognese Emilia Romagna City Of United Kingdom Lower Saxony Anton Piech

Volkswagen Receives €7.5 Billion Offer for Lamborghini

Volkswagen Receives €7.5 Billion Offer for Lamborghini A Swiss-Anglo investment consortium seeks acquisition of the Italian supercar manufacturer despite “not for sale” rhetoric from parent company Audi. The Volkswagen Group has received a €7.5 billion ($9.2 billion) purchase offer for Automobili Lamborghini. The non-binding offer, made in a letter of intent sent earlier this month to the German automaker, sets out terms for the purchase of Lamborghini by Quantum Group SA. The new...
Lower Saxony City Of United Kingdom Hutomo Mandla Putra Anton Piech Ferdinand Piech

Volkswagen gets 7.5 billion euros offer for Automobili Lamborghini – Autocar

By Syndicated Content May 25, 2021 | 9:40 AM (Reuters) -Volkswagen AG has received an offer of 7.5 billion euros ($9.19 billion) for its supercar brand Lamborghini, Autocar reported on Tuesday, but owner Audi said it was not for sale. The non-binding offer sets out terms for the purchase of Automobili Lamborghini by Switzerland’s Quantum Group AG, which has formed a consortium with London-based investment firm Centricus Asset Management, according to the Autocar report. (https://bi...
City Of United Kingdom Emma Thomasson Shailesh Kuber John Revill Ankur Banerjee
Source: wsau.com

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