27.01.2011 - Porsche says Qatar unlikely to increase stake
From Arabianbusiness.com: Qatar is unlikely to raise its 10 percent stake in German automaker Porsche though it is in talks on potential cooperation in several areas. The Gulf Arab state, through its sovereign wealth fund Qatar Investment Authority, bought a 10 percent stake in Porsche for $10bn in September 2009. Porsche SE is to be subsumed into Volkswagen's empire, with shareholders set to receive stock in Europe's largest carmaker once their own company is debt-free as part of a planned merger..............................................Full Article: Source
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