Porsche valued at up to $75bn in share sale

German car making giant Volkswagen has said it is aiming for a valuation of up to $75-billion for Porsche when the luxury brand is floated on the stock market.
Trading in the shares is due to start in Frankfurt on September 29.
A prospectus was published today, after which investors can subscribe to Porsche shares.
The share sale is set to be Germany's second-largest ever initial public offering.

comments powered by Disqus
More Stories
Most Popular
TCI appeals for Jamaica's help to curb gang...
Kingston Technical High mourns death of...
Gordon pleased with draw for CONCACAF U17...