Volkswagen is a major car manufacturer based in Germany.
Qatar Investment Authority
The Qatar Investment Authority holds 17% of total preference shares. The QIA started purchasing shares in August 2009 and is believed to have spent $9.5 billion. This stake has raised interest that Qatar is interested in creating a automotive sector based in Qatar. The QIA might take part in a planned capital raising by Volkswagen in April 2010. The stock share is expected to raise $5.4 billion and will be used to fund future investments, including Volkswagen's takeover of Porsche. The QIA holds its stake though its subsidiary Qatar Holdings
Hussein Ali Al Abdullah is the QIA's representative to the board of directors.
According to a press account, the QIA is interested in becoming an active partner with Volkswagen.
Government Pension Fund of Norway
The Government Pension Fund of Norway held a 0.70% stake in the company as of December 31, 2009. The stake is valued at $298,560,842.
|December 31, 2009||0.70%||0.11%||$298,560,842|