Porsche Is Expected to Reach Up to $75 Billion in Its Initial Public Offering (IPO)

AutoEvolution
By autoevolution (Gustavo Henrique Ruffo)Sep 19, 2022, 7:51 pm419 ptsHot
Everything is ready for Porsche to hit the stock market as a public company on September 29. According to Reuters, Volkswagen decided to list Porsche AG’s preferred shares at €76.50 to €82.50 per share. That will represent a market cap of €70 billion to €75 billion, which the current exchange rate…

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