Prospects of listing of Porsche the structure complicates boards of directors Volkswagen

Volkswagen AG and Porsche Automobil Holding SE conduct now active negotiations of rather potential IPO, the press service of companies reported. For this purpose Volkswagen AG and Porsche Automobil Holding SE concluded the framework agreement which has to become a basis for further steps on preparation of potential IPO of Porsche. The framework agreement has to be still approved by board and the Supervisory board of Volkswagen AG. The final decision for the present is not made. IPO can take place in the second half of year to use proceeds for financings a segment...