BERLIN: Volkswagen announced on Sunday it would launch its premium sports brand Porsche on the stock market at between nearly 70 and 75 billion euros.

The indicative price will fall between 76.50 and 82.50 euros a share, a statement from the German automobile group said. Porsche is due to be launched on the Frankfurt stock market on September 29.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details