Wednesday, 20 May 2009

Porsche woos Mideast investors

Porsche SEImage via Wikipedia

The corporate saga surrounding Volkswagen and its largest shareholder, Porsche, took another twist on Tuesday when it emerged that Porsche’s chief executive Wendelin Wiedeking had spoken to several Middle East funds – some from Abu Dhabi and Qatar – about taking a stake of up to 25% in the carmaker.

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