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Unnamed China sovereign wealth fund bids for Porsche stakes

Published: 08 Jul 2009 18:24:22 PST

Shanghai, July 8 (Gasgoo.com) German car maker Porsche Automobile Holding and its stock options in Volkswagen AG have attracted interest from three addition bidders besides the Qatar Investment Authority, according to newspaper reports.

Three new parties with an interest in taking a stake in Porsche include a Chinese and a Russian sovereign wealth fund as well as an unnamed hedge fund, Focus reports.

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