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Sovereign Wealth Funds Briefing - Categorized | Investment

Qatar acquires 17pct stake in VW

Posted on 21 December 2009

From Smh.com.au:Qatar has acquired a 17 per cent voting stake in Germany’s Volkswagen AG and it will also get a seat on the supervisory board of subsidiary Porsche, according to a company statement.

Until recently, the Gulf state had only had a stake of just below 7 per cent, but it used options - acquired from Porsche months ago - to build up the holding…………………………………Full Article: Source

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