Porsche shares flat at close after landmark $72 bln listing
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.
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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.
By Victoria Waldersee and Emma-Victoria Farr FRANKFURT (Reuters) - Porsche AG shares had a see-saw start on Thursday, after Volkswagen defied volatile
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
By Victoria Waldersee and Emma-Victoria Farr FRANKFURT (Reuters) - Porsche AG shares had a see-saw start on Thursday, after Volkswagen defied volatile
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.