Reports suggest Volkswagen Group has received a £6.5 billion offer for Lamborghini
(Lamborghini)
Luxury car brand Lamborghini is the subject of a €7.5 billion (£6.5bn) offer, according to reports.
Autocar magazine says a non-binding offer has been made in a letter of intent to the Volkswagen Group, which currently owns the firm.
The offer has come from a new Zurich-based holding company called Quantum Group AG, which is said to have formed a consortium with London-based investment firm Centricus Asset Management.
Stephan Winkelmann, president and CEO of Lamborghini. (Lamborghini)
What makes the bid particularly interesting is that Quantum Group is being represented by Rea Stark, a co-founder of Piech Automotive. Anton Piech, the son of former VW Group boss Ferdinand Piech, is one of the company’s executives, as is Matthias Muller, former CEO of another VW Group brand, Porsche.
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