The latest update on the purchase of a stake in Porsche by the state of Qatar is that the government of Qatar has issued a statement that within two weeks they will release a result of the talks.

There are emerging reports saying that the Porsche and Piech families, who are in control of Porsche, favor the proposal that Qatar will be getting 25 percent stake in the struggling automaker. If the purchase succeeds, both Porsche and Piech families would have to relinquish their controlling interest, but the debt cut will pave the way for the planned merger of the German carmaker Volkswagen.

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