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Porsche is in talks to sell a stake to Qatar: FT

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YOUR RESEARCHPorsche is in talks to sell a stake to Qatar: FT

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POST 1 / ORIGINAL POSTEROriginal post

Porsche is in talks to sell a stake to Qatar: FT TEL AVIV (MarketWatch) -- Porsche Automobil Holding SE is in talks with Qatar under which the Gulf nation's sovereign fund would buy as much as a quarter of the company, the Financial Times reported, citing people familiar with the talks. The Qatari fund is reviewing Porsche's financials, the newspaper reported. If Qatar invests in Porsche, the sports car icon's hand would be strengthened in its merger talks with Volkswagen AG. Porsche had suspended an effort to take over Volkswagen because it ran out of money, and it now must contend with the debt it accumulated, the FT reported.

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