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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Porsche reiterates company got offer from Qatar

Posted on 14 July 2009

From Dow Jones: Porsche Automobil Holding SE reiterated Monday it has received an offer for a capital injection from Qatar Investment Authority after the governor of the German state of Lower Saxony, Christian Wulff, earlier Monday described related reports as nonsense.

“Mr. Wulff wasn’t involved in the negotiations [between Qatar and Porsche],” Porsche spokesman Frank Gaube said, adding that both Porsche and Qatar are interested in forging an integrated company with Volkswagen AG……..Full Article (Subscription Required): Source


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