Qatar says studying Porsche stake purchase
Qatar is still studying taking a stake in debt-laden German sports carmaker Porsche
, or other German auto companies, after Porsche scaled down a bid for Volkswagen
This subject is under study, Sheikh Hamad bin Jassem al-Thani told Reuters when asked about the status of Qatar's interest in a stake in Porsche or other German carmakers.
From a legal point of view, I can't comment further.
German weekly magazine Focus reported earlier this month that the Emir of Qatar was a possible investor in the proposed merger between Porsche and Europe's biggest carmaker Volkswagen.
(Reporting by Dania Saadi; Editing by Sophie Hares)
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