Por: ABC News Business October 02, 2022
Luxury car brand Porsche aims to go public in late September or early October in what could be one of the largest initial public offerings in Europe in decades, parent company late Monday.The move arrives at a precarious economic moment in Europe, where a down year for markets owes to an energy shortage, sky-high inflation and growing concern over a possible recession.If markets turn down even further, Volkswagen could nix the IPO plans. In its... + full article
ABC News USA Business September 30, 2022
FRANKFURT, Germany -- Shares in luxury carmaker Porsche AG rose on their first day of public trading after German parent company raised 9.4 billion euros ($9.1 billion) for one of the largest initial public offerings in European history.Shares traded at 85.68 euros on the... + más
Porsche shares rise in one of Europe's largest market debuts | Associated Press
Porsche’s Debut Turned Out to be a Ho-Hum. Volkswagen Didn’t Have Such Luck. | MarketWatch
MarketWatch USA Business September 30, 2022
(Porsche now has a combined 911 million common and preferred shares outstanding). Porsche shares traded as high as €86.78 euro in their first day of trading, up 5.2% from the IPO price of €82.50 euro. Shares closed in green at €82.52, up 2 cents, which gives Porsche a... + más
Volkswagen's offering of Porsche shares nears completion | ABC News
RTTNews USA Business September 29, 2022
Volkswagen (,,) set price for initial public offering of preferred shares in sports car brand Porsche AG at 82.50 euros per share, which is the high end of its previously estimated 76.50 euros to 82.50 euros per share range.The purchase price per ordinary share in Porsche AG to... + más
Porsche IPO Looks to Price at Top End of Range on Strong Demand | MarketWatch
MarketWatch USA Politics September 29, 2022
Porsche is being spun out of Volkswagen , which itself is mostly held by Porsche Automobil Holding , the investment vehicle of the founding Porsche and Piesch family. In a nod to its most famous product, Porsche has been split into 911 million shares. Volkswagen late Wednesday... + más
Associated Press USA Tech September 29, 2022
FRANKFURT, Germany (AP) — Shares in luxury carmaker Porsche AG rose on their first day of public trading after German parent company Volkswagen raised 9.4 billion euros ($9.1 billion) for one of the .Shares traded at 85.68 euros on the Frankfurt Stock Exchange on Thursday,... + más
Porsche shares rise in one of Europe's largest market debuts | ABC News
ABC News USA World September 28, 2022
FRANKFURT, Germany -- Volkswagen was nearing the finish line Wednesday as it readied the sale of shares in luxury carmaker Porsche ahead of an expected market listing that will rank among the largest such offerings in European history.The German automaker estimates the deal... + más
MarketWatch USA Business September 27, 2022
Volkswagen (ticker: VOW3.Germany) is selling roughly 114 million shares of Porsche to the public. (Porsche will have 911 million shares of preferred and ordinary shares outstanding after the offering). At the high end of the planned range, €82.50 or $80, the sale should raise... + más
Porsche IPO is set for Thursday. Here's what to know. | MarketWatch
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