Porsche Holding Investment Talks With Qatar

Well, well, well; oil rich Gulf States to the rescue! Maybe they do some good rather then just populating the world with over-the-top gold plated Bugattis after all. With Porsche trying to find it's way out of the $12 billion debt it find itself burned with, they are turning to all sources. That includes VW, previous investors, the German government; anyone who is interested.

To keep operating the company needs $3.5 billion in the interim, no small chunk of cash. Not to mention VW's nearly $1 billion bridge loan is only good for a year.  

One entity Porsche is turning to is the government of Qatar, who was rumored to be in talks about an investment in Porsche. Rumors no more though; Porsche confirmed today that they are in negotiations about a possible stake. Reports have speculated it could be as much as 25% of the company. No doubt it will be a good deal for Qatar as they probably will get this stake at a better price then they could normally. Not to mention it's a company with a healthy core business,.

These Gulf State governments are working to expand out of oil so they still have something to make money on and attract people to (Dubai?) when all the petroleum runs out. To raise cash, Porsche is also rumored to be looking to sell it's call options in VW that are good for about a 20% stake in the company.