Porsche Automobil Holding SE (DB:PAH3) agreed to acquire an additional 1.49% stake in Volkswagen AG (XTRA:VOW3) from Suzuki Motor Corporation (TSE:7269) on September 25, 2015. Porsche Automobil will acquire 4.397 million shares of Volkswagen as part of the transaction. Upon completion, Porsche's stake in Volkswagen will increase from 50.7% to 52.2%.

The transaction is expected to close by September 30, 2015. Andreas Austmann and Carsten Schapmann of Hengeler Mueller acted as legal advisors to Porsche Automobil Holding SE. Citigroup Global Markets Deutschland AG and Martin Reitz, Kai Tschoeke, Henrik Voss, Stefan Albrecht, Christian Kolodinski and Uwe Helin of Rothschild acted as financial advisor for Porsche.