Investors are queuing at Porsche

Frankfurt According to financial circles, the shares of the sports car manufacturer Porsche are in high demand. The publication of the price range is not expected until Sunday evening, the books for stock orders will probably open in the coming week. However, several people familiar with the transaction said it was already becoming apparent that the demand for shares would likely exceed the supply. “The Shadow Book is in very good condition,” said one of them.

Because of the size of the Porsche company, the brand awareness and the absence of other IPOs, many investors dealt with the topic: “The feedback is very positive.”

According to financial circles, some investors could receive particularly large blocks of shares as anchor investors. The hottest contenders are the sovereign wealth funds of Abu Dhabi and Norway and the US investment fund T. Rowe Price, it said.