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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

VW supports Qatar buying stake; shares gain

Posted on 09 June 2009

From Reuters: Volkswagen would support the Gulf state of Qatar taking a substantial voting stake in either its debt-laden parent Porsche or in VW itself, Europe’s largest carmaker said on Monday.

“In principle we view this positively since it would accelerate the process to form an integrated group with 10 brands,” a VW spokesman said……..Full Article: Source


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