Volkswagen acquires Porsche for £3.6bn and avoids paying taxes due to loophole
The subsequent merger attempt brought fears of a £800bn tax assessment but was avoided through a loophole which classified the deal as a restructure and not as a takeover.
The two firms agreed the latest deal after receiving a ruling response from the German tax authorities.
Volkswagen In £3.6bn Porsche Purchase Deal
Raising a child is akin to knowing you're getting fired in 18 years and having to train your replacement without actively sabotaging them.