Porsche on Tuesday said it was in exclusive talks with Qatar over a possible stake in the company.
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“We are currently speaking only with Qatar,” a Porsche spokesman told news agency AFP. “The talks are marked by a good atmosphere,” he added without providing details. “All variations are under discussion.”
Porsche last month abandoned an attempt to take full control of VW last month and the two car makers said they would discuss terms of a merger.
Qatar could now buy shares in Porsche via a capital increase, or shares in VW by paying Porsche for stock options it holds.
Investing directly in Porsche would allow the company to come back to its original plan of taking over the much bigger VW.
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