UPDATE 2-VW agrees to sell stake to Abu Dhabi

Newswire

(Releads with stake sale, adds detail) By Iain Rogers WOLFSBURG, Germany, April 29 (Reuters) - Volkswagen AG and Abu Dhabi have agreed in principle for the Gulf emirate to take a stake in the German carmaker, senior Abu Dhabi officials said on Thursday. Abu Dhabi is interested in acquiring a stake that could be as high as 10 percent of the stock in Europe's largest carmaker, although VW Chief Executive Bernd Pischetsrieder said the two parties had not yet agreed on the size of the ...

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