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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Qatar PM: Details on “Porsche - QIA” deal within 3 weeks

Posted on 18 June 2009

From Businessweek.com: Qatar will announce the details of the country’s sovereign wealth fund’s bid to buy into indebted German sports carmaker Porsche within two to three weeks, Qatar’s prime minister said.

Sheik Hamad Bin Jassem Al Thani refused to confirm reports that the Qatar Investment Authority is eying a 25 percent stake in Porsche Automobil Holding SE, saying that the investment fund is still in the negotiating stage about the stake………Full Article: Source


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