For the first time in the history of sports car manufacturer Porsche family and Pieh who own shares in the company, agreed to sell them. The agreement may be signed at this one or next week.
Last week was audited accounting of Porsche, and on the weekend, negotiations with the Emir of Qatar on the conditions of the selling shares. From the deal with Eastern investors Porsche expects to receive 2 billion euros, which will improve the financial situation of the company.
In general, the bosses of Porsche intend to increase the share capital to 5 billion euros – including, that due of the credit of the German state bank KfW. Porsche Supervisory Board will make decision of increase of the share capital at an emergency meeting in early July. After that, the owners will make alignment on a draft at the general shareholders meeting, in early September.