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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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DGAP-Adhoc: Brenntag SE raises forecast for the financial year 2022

13.06.2022 - DGAP-Ad-hoc: Brenntag SE / Key word(s): Forecast/Change in Forecast Brenntag SE raises forecast for the financial year 2022 13-Jun-2022 / 14:57 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, ...
Thomas Altmann Tradegate Exchange News Service Distribution Services Senior Vice President Corporate Investor Regulatory Announcements

A desalination project signifies the potential of business-academia partnerships in Saudi Arabia

DUBAI: The worlds of business and academia are too often viewed as mutually exclusive. But as nations search for scalable solutions to the climate crisis, while also attempting to meet the demands of ever-growing populations, there is certainly merit in working to combine the efforts of these two forces. Take the recent partnership between ACWA Power and Saudi Arabiaโ€™s King
Saudi Arabia United Arab Emirates Red Sea Djibouti General Ar Riya Donal Bradley

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