26.06.2009 - Bleak prospects push Porsche into Qatar's arms
From Reuters: Porsche is advancing toward a deal with Qatar to give the Gulf state a shareholding in Volkswagen, a compromise that will clear the way for the carmakers to merge, according to people involved in the talks. Porsche racked up 9 billion euros ($12.7 billion) of net debt trying to swallow its much bigger rival Volkswagen before the financial crisis turned the tables and threatened to unravel the deal........Full Article: Source
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