BUSINESS INFORMATION -German sports car manufacturer, Porsche estimate a loss before tax at most five billion euros (seven billion U.S. dollars) in fiscal year 2008-2009 due to the sale of shares "option" VW, a statement issued by Porsche said on Wednesday.
Porsche is currently in "advanced discussions" to sell shares to the option "one or several investors," according to a statement sent to the authority of the market share while the company met with the board of supervisors.
Among the investors is the parent company Qatar LLC, Porsche said in a separate statement.
Option sales about 20 percent of the shares in VW, the largest European car manufacturer, will result in a decrease in the value of the assets on the books of Porsche, said the car was.
Porsche has acquired shares as trying to take over VW is much greater, but the operation failed, and now VW and join with the Porsche.
Shares in both Porsche and VW terbanting in fast exchange in Frankfurt afternoon trading, shares with the Porsche down 2.26 percent at 42.86 euros in trading "over-the-counter" (OTC).
VW shares lost 3.71 percent to 245.84 euros, while the Dax index in which they had registered 2.19 percent increase overall.
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