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05 Sep
17:08

Volkswagen AG boards to decide Porsche IPO plans

Volkswagen AG’s board of management and supervisory directors are meeting late on Monday to decide whether to pursue the proposed initial public offering (IPO) of its brand Porsche, Kallanish reports. The newly appointed executives are reviewing the feasibility of a potential floating at the end of September/early October. Volkswagen said in a note on 3 September the meeting would also discuss, among other things, Volkswagen’s approval of the sale of …
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