Volkswagen mulling Porsche IPO to help fund shift to electric – reports - My News TV

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Tuesday, December 7, 2021

Volkswagen mulling Porsche IPO to help fund shift to electric – reports

Speculation about listing comes amid reports of Porsche and Piëch 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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from World news | The Guardian https://ift.tt/3ExDWF5

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