13.07.2009 - Porsche gets a lifeline from Qatar
From Business24-7.ae: Qatar's sovereign wealth fund's offer of $10 billion (Dh36.7bn) to acquire a 25 per cent stake in Porsche Automobil Holding and options on Volkswagen shares currently held by Porsche provides a much needed solution to the German car manufacturer. The investment by Qatar Investment Authority will allow the sports car producer to reduce its problematic level of debt significantly.........Full Article: Source
Print