RPT-UPDATE 1-Porsche says close to reaching deal with Qatar

Newswire

(Repeats to additional subscribers. Text unchanged) * Gulf state's money could help reduce massive debt * Due diligence reaches positive conclusion * Porsche shares down 2.2 pct, VW shares up 2.6 pct STUTTGART, June 26 (Reuters) - Porsche SE , the heavily indebted holding company that controls Volkswagen , said on Friday it is close to reaching a deal with Qatar that could help solve its financial problems. "The negotiations have entered the final stretch," a spokesman for Porsche ...

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