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Porsche exits sports car maker Bugatti Rimac

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Porsche is parting ways with Croatian 'supercar' manufacturer Bugatti Rimac

Porsche is parting ways with Croatian 'supercar' manufacturer Bugatti Rimac

German carmaker Porsche announced on Friday the sale of its stakes in sports car manufacturer Bugatti Rimac to a consortium led by a US fund founded by the Egyptian billionaire Sawiris family.

The amount of the transaction, which still has to be approved by regulators, has not been disclosed.

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Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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