Trending: Porsche AG to Be Valued at Up to $71.5 Billion in IPO
19 Settembre 2022 - 12:08PM
Dow Jones News
0938 GMT- Porsche Holding SE is among the most mentioned
companies across news items over the past 12 hours, according to
Factiva data, after the valuation for sports-car maker Porsche AG
was set at up to $71.5 billion. Porsche SE, a holding company
controlled by the Porsche-Piech family which owns a little more
than half of Volkswagen, is set to buy 25% plus one of Porsche AG's
common shares with voting rights. Volkswagen's board said Sunday
that it would list shares of its subsidiary Porsche AG between
EUR76.50 and EUR82.50. Dow Jones & Co. owns Factiva.
(cecilia.butini@wsj.com)
(END) Dow Jones Newswires
September 19, 2022 05:53 ET (09:53 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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