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Porsche completes sale of Bugatti Rimac and Rimac Group stakes

Porsche AG said it has completed the sale of its stakes in Bugatti Rimac and Rimac Group to a consortium led by HOF Capital. BlueFive Capital is described as the largest investor, alongside other U.S. and institutional investors.

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Porsche AG said Wednesday it has completed the sale of its stakes in Bugatti Rimac and Rimac Group to a consortium led by HOF Capital. S. and Europe.