Qatar Holding wants sell up to 25 million Volkswagen AG preference shares to improve the liquidity of the preference shares, raising about 1.6 billion euros ($2.4 billion) for other transactions.
However, Qatar Holding, the investment arm of the Gulf state of Qatar, will raise its holding in VW’s ordinary shares to give it the third-largest voting stake in the German automaker. The company reiterated its commitment to its Volkswagen investment.
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