The World's Biggest Wealth Fund Is Unhappy With Volkswagen's Leadership

  • Norway wealth fund chief sees minority holders disadvantaged
  • VW's family-dominant ownership structure unlikely to change

Yngve Slyngstad

The world’s biggest sovereign wealth fund criticized Volkswagen AG’s ownership structure, saying it concentrates too much power with the Porsche-Piech family and puts minority shareholders at a disadvantage amid the carmaker’s emissions crisis.

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