13.07.2009 - Qatar makes official bid for Porsche stake
From Themotorreport.com.au: The Qatar Investment Authority (QIA) has now formally made an offer to purchase a 25 percent stake in German manufacturer Porsche, offering €7 billion (AU$12.5 million) for a share of Porsche Automobil Holding and options on Volkswagen shares held by Porsche. Last week, Porsche’s capital-raising efforts hit a snag when the German state-owned KfW bank rejected its request for a €1.75 billion ($AU3.05b) loan to assist it through its current difficulties.........Full Article: Source