Daimler deal, state loan seen unlikely for Porsche

Newswire

By Christiaan Hetzner FRANKFURT, June 22 (Reuters) - Porsche could be running out of options to repair its finances, with Berlin set to reject its request for a state loan and a purported stake sale to Daimler unlikely, analysts said on Monday. "The Kreditanstalt fuer Wiederaufbau (KfW) wants us to improve it," said a Porsche spokesman, referring to the company's application for a loan. Indications first emerged on Friday that state-owned development bank KfW had recommended against ...

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