Volkswagen mulling Porsche IPO to help fund shift to electric – reports
by from World news | The Guardian on (#5SSAW)
Speculation about listing comes amid reports of Porsche and Piech families considering their VW stake
Volkswagen is still considering a stock market listing of its luxury sports car brand Porsche, according to reports, as it looks to raise capital for a costly shift towards electric vehicles.
Estimates for what Porsche could be worth as a standalone company range between 45bn and 90bn (38bn and 77bn).
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