Porsche Shares to Be Offered to Public

It will make an agreement with Huawei for autonomous vehicle technologies in the past days. proposed Volkswagen announced last year that it is determined to make big breakthroughs in 2022. It seems that the German automotive giant is about to realize the first of these moves.

It was announced that some of the shares of Porsche, which tried to buy the Volkswagen brand piecemeal from 2005 to 2008, but were eventually bought by Volkswagen due to its debts, will be offered to the public.

Volkswagen to offer Porsche shares to public

Volkswagen and the company’s largest shareholder are paving the way for a deal that investors hope will unlock the value of the luxury car brand and become one of the world’s biggest stock market startups. list the Porsche Analysts have prepared a preliminary agreement for Volkswagen’s approximate 116 billion euros Compared to its current market value, Porsche’s IPO It can be valued up to 90 billion euros guesses.

In the preliminary agreement prepared between the Volkswagen Group and Porsche, it was announced that a certain part of the shares of the German automotive giant Porsche will be offered to the public. Although experts think that a small percentage of the shares will be offered to the public at first, this rate can be up to 25% according to Volkswagen’s preliminary agreement.

For now, Volkswagen and Porsche SE officials have not commented on this preliminary preparation, but stated that a final decision has not been made and is still under review by the boards of directors. According to a report, Volkswagen CEO Herbert Diessfollowing last weekend’s discussions on the matter, earlier this week, representatives of the supervisory board were informed about the IPO plans. presented a basic outline.