By Andreas Hippin
Oct. 26 (Bloomberg) -- Porsche SE, maker of the 911 sports car, said it aims to raise its stake in Volkswagen AG to 75 percent next year and take control of Europe's largest automaker.
Porsche currently holds 42.6 percent of Volkswagen's common shares and has cash-settled options for another 31.5 percent, the Stuttgart, Germany-based carmaker said today in an e-mailed statement.
To contact the reporter on this story: Andreas Hippin in Frankfurt at ahippin@bloomberg.net
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