Categories: Business

VW-entry-level – speculation about Sixt’s economy

The car rental companies Sixt for car manufacturers could be a good match, this led often to speculations in the market about a possible participation in the exchange-listed family companies in Pullach. It is no wonder that such desires flare up now and again. Are Sixt ordinary shares have as a result of the Corona-crisis-currently available for around 80 euros, in February of this year, there were almost 100 Euro. Also, do not need to save the car companies sales markets, one of the largest car rental company in the world is the worst choice. Because it fits well into the picture that the Volkswagen group might have interest in becoming a major shareholder with Sixt.

The Manager-Magazine reported that Wolfsburg would like to take 15 percent of the Sixt Empire, split into ordinary and preference shares, and citing company circles. Talks are in progress, it was said, Sixt prepare a capital increase, in order to make the VW-entry is possible. The family does not want to give their majority of the voting rights. She holds 58 percent of the ordinary shares, which account for two-thirds of the share capital. And the preference shares are fully held in free float.

Reuters wants to know that Volkswagen is planning no longer to participate in Sixt. From the point of view of VW such a sales channel stimulus was full. “A major shareholder would, in view of the unclear prospects quite welcome,” when is it again Manager Magazine. Both Sixt, as well as Volkswagen does not want to comment on the Wednesday evening to the speculation, denied but.

Sixt can only know that you had in the first half of the year, equity capital in the amount of EUR 1.5 billion and a high liquidity of more than € 800 million. And a syndicated loan, the KFW Bank of up to EUR 1.5 billion had so far “not been taken yet”. “Sixt therefore requires no further anchor shareholder.” In the stock market, Sixt is more than 3.1 billion euros in value. The speculation of which have resulted in a boost to, the ordinary shares rose by 4.6 percent.

Jerry Rolon

After working for 7 years as a Internet Marketer, Jerry now aims to explore the journalistic side of Internet. With his impeccable knowledge in this domain, he churns out some of the best news articles from the internet niche. With respect to acedamics, Jerry earned a degree in business from California State University.

Recent Posts

ZEREBRO Price Collapses 40% in Just 3 Hours: Market Cap Tanks to $45 Million

Zerebro, one of the largest AI projects, has seen its price dropped sharply today, going…

2 hours ago

Ethereum Price Prediction: Can ETH Sustain Its Bullish Momentum as Price Surges 15%?

Ethereum is back in the spotlight, not for explosive price action, although it has made…

14 hours ago

Ajman Bank Successfully Prices USD 500 million Inaugural 5 Year Sukuk

Ajman, UAE, 25th April 2025, Ajman Bank P.J.S.C. (“Ajman Bank” or “the Bank”), the first Islamic…

23 hours ago

The Rise of Autonomous Finance: How 9M is turning AI into a fully operational investment system

The Rise of Autonomous Finance: How 9M is turning AI into a fully operational investment…

23 hours ago

Echo Launches Real Unique Tokenomics with Real Yield in USDC

Douglas, Isle of Man, 25th April 2025, ZEX PR WIRE, Echo is about to launch…

1 day ago

World of Dypians Wins $450K in BNB Chain’s Support Program and Announces Monumental New Features

Tortola, BVI, 25th April 2025, ZEX PR WIRE, World of Dypians (WoD), a highly immersive…

1 day ago