Porsche IPO plans progressing, no decision yet – VW CFO

Attendees look at the 2022 Porsche 718 Cayman GT4 RS during the 2021 LA Auto Show in Los Angeles, California, U.S. November 17, 2021. REUTERS/Ringo ChiuRegister now for FREE unlimited access to Reuters.comRegisterBERLIN, Sept 5 (Reuters) – Porsche’s potential stock market listing is central to funding Volkswagen’s (VOWG_p.DE) electrification plans, the carmaker’s chief financial officer said on Monday ahead of a board meeting to discuss whether the listing will go ahead.Volkswagen’s management and supervisory boards will meet later on Monday to discuss whether the long-anticipated listing of Porsche should take place in late September or early October. read more Should …
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