RPT-UPDATE 4-Qatar tops up war chest by selling VW pref shares

Wed Nov 11, 2009 5:20am GMT
 
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(Repeats story published late on Tuesday)

* Gas-rich state sells pref shares worth about 1.5 bln euros

* Shares placed at average 60 euros apiece - source

* Stake about a quarter of all VW preference stock

* Qatar plans to increase its voting stake to 17 pct

* VW pref shares end down 15.8 pct, ords down 8 pct

(Recasts with placement price)

By Christiaan Hetzner and John Irish   Continued...

 

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