Hammering Out a Deal VW Raises Offer for Porsche

The future of Porsche may be decided soon. Volkswagen has increased its offer for a 49.9 percent stake to over 4 billion euros, SPIEGEL has learned. But Porsche's CEO Wendelin Wiedeking favors an investment by Qatar, which is bidding 7 billion euros for a stake of over 25 percent plus Porsche's VW share options.
SPIEGEL Staff