Volkswagen to launch Porsche on bourse, sees 70-75B euros

By Agence France-Presse

Sep 20, 2022 12:04 am

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.

This May 7, 2022 file photo shows a man standing at the entrance of a Volkswagen car dealership in Germany’s capital Berlin. XINHUA PHOTO

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