Qatar Holding Increases VW Stake

Qatar Holding, the Gulf state's investment arm, has increased its influence in the Volkswagen Group by raising its voting stake in Volkswagen (VW) to 17%. The company exercised the options acquired from its investment in Porsche to raise its stake from 6.8%. A statement from Qatar Holding CEO Ahmad Al-Syed said that the company viewed its investment in VW and the proposed merger with Porsche as 'a unique investment asset for Qatar Holding'. Moreover, Porsche has announced that it will propose Sheikh Jassim Bin Abdulaziz Bin Jassim Al-Thani of Qatar Holding for a seat on its supervisory board at its

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