News

Volkswagen Expected To Rubber-Stamp Porsche IPO plan

Porsche

Volkswagen’s supervisory board is expected to approve a plan to list sportscar maker Porsche in an initial public offering, a person familiar with the matter told Reuters.

The board is currently in session and expected to vote in favour of a listing, the person said.

Volkswagen declined to comment.

(Reporting by Jan Schwartz; Writing by Christoph Steitz; editing by Matt Scuffham and Tom Sims)

 

Jan Schwartz
Related News
Related sized article featured image

New leadership guide argues organisations must rethink operating models more frequently as disruption accelerates.

News Team
Related sized article featured image

Make UK leader told industry conference UK must move faster on growth, energy costs, skills and defence investment.

News Team