Volkswagen Will get 7.5 Billion Euros Provide for Automobili Lamborghini
The non-binding supply units out phrases for the acquisition of Automobili Lamborghini by Switzerland’s Quantum Group AG, which has fashioned a consortium with London-based funding agency Centricus Asset Administration, based on the Autocar report. (https://bit.ly/3hSmxhW)
Volkswagen mentioned in December that there was settlement within the group that Lamborghini, which has been repeatedly named as a doable divestment, will stay a part of Volkswagen.
Requested to touch upon the Autocar report, a spokesman for Volkswagen unit Audi, which manages Lamborghini, mentioned: “This isn’t the topic of any dialogue inside the group. No, Lamborghini just isn’t on the market.”
Centricus and Quantum Group AG weren’t instantly obtainable for remark.
($1 = 0.8165 euros)
(Reporting by Ankur Banerjee in Bengaluru, Jan Schwartz, Pamela Barbaglia, John Revill and Christoph Steitz; Modifying by Shailesh Kuber and Emma Thomasson)