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Rafael-VW plant deal not derailed, German magazine reports

A plan to convert Volkswagen’s plant in Osnabrück, northwestern Germany, into a Rafael facility to produce Iron Dome components remains alive, despite reports to the contrary. German business magazine WirtschaftsWoche reported in recent days that…

— jns

Assessment

Negotiations to convert Volkswagen's Osnabrück plant into a Rafael facility for Iron Dome components are continuing, according to a German business magazine, contradicting earlier reports of a dead deal. The Qatar Investment Fund's 17% stake in Volkswagen and reported opposition had cast doubt on the plan, but the latest reporting suggests the deal is not yet finished.

Read full article at jns →