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Volkswagen mulling Porsche IPO to help fund shift to electric – reports
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Volkswagen is still considering a stock market listing of its luxury sports car brand Porsche, according to reports, as it looks to raise capital for a costly shift towards electric vehicles.
Estimates for what Porsche could be worth as a standalone company range between €45bn and €90bn (£38bn and £77bn).
Speculation about what could be a record-breaking Porsche listing has surfaced over the year, but no decision has been made, due to a complex stakeholder setup, sources told the Reuters news agency, adding it was unclear whether a listing would happen.
Earlier, the German business newspaper Handelsblatt reported that the Porsche and Piëch families, who control Volkswagen’s largest shareholder Porsche SE, are considering selling part of their
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