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

Energy group expands training across nuclear and renewables as Britain faces acute reskilling challenge.

News Team
Related sized article featured image

Report says sustained upgrades would support jobs, energy security and the net zero transition.

News Team