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Porsche to acquire majority stake in V4Drive as part of Varta's comprehensive financial restructuring

On August 17, Dr. Ing. h.c. F. Porsche AG and Varta AG announced that they are expanding their strategic partnership. With Porsche planning to acquire a majority stake in V4Drive Battery GmbH through a capital increase.
Varta will contribute its large-format lithium-ion round cell business, used in Porsche's 911 Carr....

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