• HSBC

Qatar eyes bigger stake in VW

  • Qatar: Wednesday, September 30 - 2009 at 10:07

Qatar Investment Authority wants to increase its stake in Volkswagen AG after the German carmaker completes its takeover of Porsche SE, an executive at the authority told Bloomberg. Qatar already has 10% of the voting rights in Porsche and options that will give it 17% of Volkswagen as part of the carmakers' merger agreement last month.

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