Porsche to start capital hike in next few days,sources

Newswire

FRANKFURT, March 25 (Reuters) - Porsche will start its planned 5 billion euro ($7.08 billion) capital hike in the next few days, two sources close to the deal said on Friday. The sources said the capital increase would raise a total of 2.5 billion euros from the families Piech and Porsche as well as Qatar, who all hold ordinary shares. The rest of the 2.5 billion euros will come from those who own preferred shares, they said. (Reporting by Philipp Halstrick, Arno Schuetze und Alexander ...

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