Volkswagen Mulls Porsche Listing -Manager Magazin
February 18 2021 - 8:06AM
Dow Jones News
--Volkswagen is considering a potential stock-exchange listing
of its subsidiary Porsche in the medium-term, German business
publication Manager Magazin reports, citing unnamed sources.
--A maximum of 25% of shares would be placed, with the potential
value of such a share package roughly calculated at between EUR20
billion to EUR25 billion, reports Manager Magazin.
--A spokesman for Volkswagen declined to comment to Dow Jones
Newswires.
Full story (in German): https://bit.ly/3axgf34
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(END) Dow Jones Newswires
February 18, 2021 08:51 ET (13:51 GMT)
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