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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Porsche-VW merger turns ugly

Posted on 30 June 2009

From Reuters: At the moment, only the sovereign wealth fund of Qatar seems able to rescue the greatest car company in the world.

Over the weekend, Porsche refused a VW offer to buy almost half of Porsche, arguing that the sudden arrival of billions in cash would trigger crushing payments of debt that Porsche can ill afford……..Full Article: Source


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