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Lower Saxony to block Porsche's proposal for restructing of VW's voting structure
The state of Lower Saxony, Volkswagen's second biggest shareholder, said on Wednesday that it plans to block a move to do away with its right to block any major decisions at the automaker. Porsche, VW's largest shareholder, wants to change the rule that requires 80 percent plus one of VW's shareholders to approve any [...]
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