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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.
Porsche XETR:P911 said it completed the sale of its stakes in Bugatti Rimac and Rimac Group after receiving regulatory approvals, finalising its exit from the Croatian electric hypercar maker and related businesses.
Porsche says it has completed the sale of its stakes in Bugatti Rimac and in Rimac Group.