Monday, June 17, 2013

Qatar Out At Porsche, Remains In At Volkswagen

Porsche Qatar - Picture courtesy infoqat.com

Four years after buying 10 percent of Porsche, the Gulf state's sovereign wealth fund Qatar Holding sold its share back to Porsche's  family shareholders, Reuters says.

Qatar kept its 17 percent stake in Volkswagen. Volkswagen owns all of Porsche's car business.



from The Truth About Cars http://www.thetruthaboutcars.com




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