Sunday 26 April 2009

Qatar Emir eyes Porsche stake

The Emir of Qatar plans to buy a stake in Porsche, possibly shoring up the German sports-car maker's strained finances, a German magazine reported.

The Emir has informed Porsche of his interest, Focus magazine reported in an excerpt of an article to be published on Monday.

Porsche declined to comment. Officials in Qatar were not immediately available for comment.

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