Porsche still only talking to Qatar

Porsche is denying a report that five more potential bidders have emerged for a Porsche-owned derivatives package which controls around 20 percent of Volkswagen’s voting shares.

A Porsche spokesman said exclusive talks are continuing with Qatar about a potential investment in Porsche.

The sports car maker built up nine billion euros of debt during its bungled attempt to dominate VW.

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tags: Cars, Germany