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Porsche shares flat at close after landmark $72 billion listing

Porsche AG shares had a see-saw start on Thursday, after Volkswagen defied volatile markets to list the sports car brand at a valuation of 75 billion euros ($72 billion) in Germany's second-biggest market debut. Volkswagen priced Porsche AG shares the top end of the indicated range, and raised 19.5 billion euros via the listing to fund the group's electrification drive. Cornerstone investors including Qatar Investment Authority, T. Rowe Price, Norway's sovereign wealth fund and ...
United States Sachsen Anhalt Matthias Williams David Goodman Hakan Ersen Pamela Barbaglia
Source: aol.com

Porsche shares flat at close after landmark $72 billion listing

Porsche AG shares had a see-saw start on Thursday, after Volkswagen defied volatile markets to list the sports car brand at a valuation of 75 billion euros ($72 billion) in Germany's second-biggest market debut. Volkswagen priced Porsche AG shares the top end of the indicated range, and raised 19.5 billion euros via the listing to fund the group's electrification drive. Cornerstone investors including Qatar Investment Authority, T. Rowe Price, Norway's sovereign wealth fund and ...
United States Sachsen Anhalt Matthias Williams David Goodman Hakan Ersen Pamela Barbaglia
Source: aol.com

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