Volkswagen Receives €7.5 Billion Offer for Lamborghini
A Swiss-Anglo investment consortium seeks acquisition of the Italian supercar manufacturer despite “not for sale” rhetoric from parent company Audi.
The Volkswagen Group has received a €7.5 billion ($9.2 billion) purchase offer for Automobili Lamborghini.
The non-binding offer, made in a letter of intent sent earlier this month to the German automaker, sets out terms for the purchase of Lamborghini by Quantum Group SA.
The newly established Zurich-based holding company has formed a consortium with London-based investment firm Centricus Asset Management with the aim of creating what it describes as a “technology and lifestyle investment platform” under the working title Outlook 2030.