Volkswagen’s plans for a deal with Israeli arms maker Rafael to use its struggling Osnabrueck plant are being complicated by Qatar’s sovereign wealth fund, the German carmaker’s third-largest investor, three people familiar with the matter told Reuters.
Qatar, which holds 17% of voting rights in Europe’s biggest carmaker via the Qatar Investment Authority, has raised issues over the talks between the two companies, pointing to the Gulf state’s complicated relationship with Israel.
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