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Gentlemen, start your tradings: Porsche IPO over ten days
Porsche’s introduction on the stock exchange is set to be one of the biggest Europe has ever seen, estimated at a value of 75 billion euros, which is more or less the same value as the entire Volkswagen Group /Porsche
Despite the stormy climate at the stock exchange, with a recession looming and profit warnings ringing alarm bells, Volkswagen is launching an IPO of its goldcrest Porsche on the 29th of September. Referring to its most iconic sports model, 911 million shares will be made publicly available, representing a quarter of the company. On Sunday,
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