Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Lower Saxony Spokesman Calls Volkswagen Stake-Sale Report Rumor

Aug. 2 (Bloomberg) -- Roman Haase, a spokesman for Lower Saxony, declined to confirm or deny a Deutsche Presse-Agentur report that the German state government may sell part of its stake in Volkswagen AG.

“We do not confirm or deny rumors,” Haase said by telephone today.

Lower Saxony plans to sell VW shares as part of the government’s budget review, Deutsche Presse-Agentur reported, without citing anyone. Lower Saxony owns a 20 percent stake in Wolfsburg, Germany-based VW.

Lower Saxony Prime Minister David McAllister told Bloomberg News in a June 24 interview that he stands “rock solid” behind the state’s 20 percent stake in the automaker.

Link to Company News:{VOW GR <Equity> CN <GO>}

To contact the reporter on this story: Cornelius Rahn in Frankfurt at crahn2@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.