Porsche will fully divest its equity stakes in Bugatti Rimac, a joint venture, and Rimac Group to the HOF Capital-led consortium. The consortium, a US-based investment firm, is linked to Egypt's billionaire Sawiris family. The move comes as Porsche reviews ⁠its strategy after its operating profit slumped 93% last year, deepening a crisis at the German brand ​majority-owned by Volkswagen.