Shares priced at top of indicated range; Biggest listing in Germany since 1996; Shares rise 3% despite weaker stock markets; IPO unlikely to reopen frozen markets
Porsche AG shares made a strong 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.
Porsche AG shares made a strong start yesterday after Volkswagen defied volatile markets to list the sports car brand at a valuation of €75bn ($72bn) in