Keywords: Stake sale
Friday 03 July 2026 - 10:54
Porsche has agreed to sell its holdings in Bugatti Rimac and Rimac Group to a consortium led by HOF Capital, marking a major strategic exit from a high-profile automotive partnership. The German carmaker is divesting its 45 percent stake in the Bugatti Rimac joint venture as well as its 20.6 percent......
The Mercedes-AMG Petronas Formula One team, led by Toto Wolff, is reportedly on the verge of a groundbreaking deal that could set a new benchmark for the sport. According to a report by Sportico, Wolff is in advanced negotiations to sell part of his 33% stake in the team, with the valuation of the organization......
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