(RTTNews) – Volkswagen has established a monetary agreement to be paid to minority shareholders in exchange for the transfer of their shares to 1,551.53 euros in line with AUDI AG’s stake, AUDI said in a statement.
AUDI said the motion solution will be followed at its next annual general meeting, which is expected to take place in July or August 2020.
Volkswagen showed AUDI its formal request on 28 February 2020 on the transfer of the shares of Audi’s minority shareholders to Volkswagen.