VW said in a statement that it will price preferred shares in the flotation of Porsche at €76.50 to €82.50 per share, which would give the luxury car maker a stock market valuation of €70 billion to €75 billion.
Volkswagen has stated that
it is looking for a valuation of €75 billion for Porsche, ahead of it being
floated on the stock market in Frankfurt on 29 September.
By PA/TPN, in Europe, World · 20 Sep 2022, 16:31 · 0 Comments
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