Germany set to discuss Porsche loan on Monday - source

Newswire

FRANKFURT, June 5 (Reuters) - The German government is set to discuss on Monday whether to give Porsche a 1.75 billion euro ($2.5 billion) loan, said a person close to the talks, a move that could lift a question mark over the carmaker's finances.

Porsche has been scrambling to bolster its balance sheet after racking up 9 billion euros of debt in an aborted attempt to take over bigger rival

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