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#1
11-15-2006, 11:50 AM
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Porsche fiscal year profit up 70 percent, will boost VW stake
FRANKFURT (Reuters) -- Porsche plans to raise its stake in Volkswagen to just below 30 percent, it said today after posting a 70 percent rise in pretax profit in the fiscal year to end-July. Porsche said it now owns 27.
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