Published 2 years ago

Volkswagen targets 70-75 billion euro valuation in planned Porsche IPO

Summary by IBTimes

Volkswagen shares rose slightly on Monday after the carmaker said it was targeting a valuation of up to 75 billion euros ($74.84 billion) for sportscar brand Porsche, in potentially Europe’s third biggest IPO ever.

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Times of India

Porsche IPO | Volkswagen share price: Porsche IPO valuation sends Volkswagen shares up 1.3%

The issue could be Europe's third largest IPO on record if the upper price target is reached, according to Refinitiv data. Volkswagen's share price was trading at 147.38 euros by 0727 GMT, from 145.38 at Friday's close. The shares had risen 3% in premarket trade on Monday.

2 years ago·India

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Reuters

Volkswagen targets 70-75 billion euro valuation in planned Porsche IPO

Volkswagen is targeting a valuation of up to 75 billion euros ($75.1 billion) for luxury sportscar maker Porsche, it said on Sunday, in what will be Germany's second-largest initial public offering (IPO) in history.

2 years ago·United Kingdom

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Associated Press News

Volkswagen sets Porsche IPO at up to 9.4 billion euros

FRANKFURT, Germany (AP) — Volkswagen has set the price range for the multibillion-euro sale of a minority stake in luxury brand Porsche as it prepares an initial public offering to fund VW's investments in new technologies and businesses including electric cars, software and services.

2 years ago·United States

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abc News

Volkswagen sets Porsche IPO at up to 9.4 billion euros

Volkswagen has set the price range for the multibillion-euro sale of a minority stake in luxury brand Porsche

2 years ago·United States

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CNN

Volkswagen targets 75 billion euro valuation in landmark Porsche IPO

2 years ago·Atlanta, United States

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Irish Independent

Volkswagen sets Porsche IPO at up to 9.4 billion euros

Volkswagen has set the price range for the multibillion-euro sale of a minority stake in luxury brand Porsche as it prepares an initial public offering to fund VW’s investments in new technologies and businesses including electric cars, software and services.

2 years ago·Ireland

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