Qatar is in talks to buy a stake in Germany's Porsche and may also invest in other carmakers as the Gulf gas exporter looks to park some of its sovereign wealth abroad, according to media reports.
Qatar is "seriously" considering taking a stake in the luxury sports car manufacturer, Prime Minister Sheikh Hamad bin Jassem Al Thani told Qatar's Al-Arab newspaper in remarks published on Tuesday.
Focus magazine reported last week that the Emir of Qatar had informed Porsche of his interest in buying a stake.
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