Friday, September 25, 2020
News Volkswagen Will Buy Out Audi Minority Shareholders For $267 Million

Volkswagen Will Buy Out Audi Minority Shareholders For $267 Million

Volkswagen will now own all of Audi

  • Volkswagen AG will purchase the remaining 0.36 percent of Audi owned by minority shareholders

  • The move will make VW the sole owner of Audi

  • Buy out will cost VW AG 237 million euros


Volkswagen will consolidate its holding on Audi by buying out the remaining minority shareholders. The move is expected to be approved at Audi’s next annual general meeting.

“Volkswagen AG announced and specified that it has set the cash settlement to be paid to the minority shareholders in return for the transfer of their shares at 1,551.53 euros per AUDI AG share,” the carmaker said.

The last 0.36 percent of Audi shares owned by minority shareholders represents 152,749 outstanding shares. They will be purchased at a price 1,551.53 euros, a 551.53 euro premium over the current 1,050 euro share price. The purchase price represents a 237 million euros investment for Volkswagen.

Audi was first purchased by Volkswagen in 1965 when it was still Auto Union. Volkswagen also owns parts or all of Lamborghini, Skoda, Porsche, Bentley, SEAT, and Ducatti.

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Charles Jolicoeur
Charles Jolicoeur
Charles Jolicoeur was studying to be a CPA when he decided to drop everything and launch a car website in 2012. Don't ask. The journey has been an interesting one, but today he has co-founded and manages 8 websites including EcoloAuto.com and MotorIllustrated.com as General Manager of NetMedia360. He also sits on the board of the Automotive Journalists Association of Canada. Send me an email

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