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November 12, 2009

Qatar sells part of Volkswagen stake

Filed under: Alternative Investment — Tags: , — trevor @ 5:23 am

Qatar’s sovereign investment fund yesterday sold 25 million preference shares in German auto maker Volkswagen AG, raising ¤1.5bn, but still plans to build its voting stake in the company. Qatar Holding (QH), the investment arm of the country’s sovereign wealth fund also said it remained committed to its Volkswagen investment.

Read More at The Peninsula Qatar

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