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BERLIN (Reuters) – German car manufacturer Volkswagen is planning to acquire a stake in Sixt, a leasing company that has diversified into mobility, such as carpooling and carpooling, Manager Magazine reported Wednesday.
VW can take up to 15% stake in Sixt in the form of non-unusual and enjoyable stocks such as a capital increase, the economics magazine said in a report that mentions unidentified sources.
VW declined to comment on the report and described it as speculation.
(Report via Douglas Busvine and Jan C. Schwartz; edited through Jan Harvey)