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Sovereign Wealth Funds Briefing - Categorized | Investment

Qatar Investment Authority to take up to 25% of stake in Porsche

Posted on 11 June 2009

From Icars.sg: Words are being exchanged that Qatar Investment Authority, is interested in taking up to 25% of stake in German sports car maker, Porsche.

Porsche, which is interested in the deal, would receive a good dose of capital (4.5 billion Euros), that can help the auto maker repair its tattered balance sheet and bolster its bargaining position when arguing for a merger of equals with financially solid Volkswagen……..Full Article: Source


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