German automotive industry: Volkswagen prepare Porsche for IPO

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In the current year Volkswagen AG want to be prepared and make seriously the affiliated Porsche Automobil Holding SE AG which is engaged in sports cars, public. About it reported the German agency to Tagesschau on February 22. According to VW, at the moment company conducts preliminary negotiations with the basic shareholder Porsche Automobil Holding SE. Families of owners of Porsche and Piëch unite the shares in a concern network in the holding Porsche Automobil Holding SE which should not be confused with the producer of sports cars. In the report it is noted that Volkswagen AG and Porsche Holding agreed about the key...
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VAG
Main activity:Transport
35
Porsche Automobil Holding SE
Main activity:Production of cars, equipment and vehicles
1