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Volkswagen shares up slightly on Porsche’s 70-75 billion euro valuation

Volkswagen shares up slightly on Porsche’s 70-75 billion euro valuation

[ad_1] A Porsche AG Taycan Turbo S electric automobile at the luxury automaker's development center in Weissach, Germany, on June 21, 2021.Andreas Gebert | Bloomberg | Getty ImagesVolkswagen shares rose slightly on Monday after the carmaker said it was targeting a valuation of up to 75 billion euros ($74.84 billion) for

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Volkswagen targets $70.1 billion to $75.1 billion valuation in planned Porsche IPO

Volkswagen targets $70.1 billion to $75.1 billion valuation in planned Porsche IPO

[ad_1] The name of the car manufacturer Porsche is attached to the curved facade of the newly built Porsche Centre in Magdeburg.Stephan Schulz | picture alliance via Getty ImagesVolkswagen is targeting a valuation of 70 billion to 75 billion euros ($70.1 billion to 75.1 billion) for luxury sportscar maker Porsche

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Volkswagen and top investor look to take Porsche public

[ad_1] Gray clouds are gathering over Porsche's headquarters in Stuttgart-Zuffenhausen, Germany, Feb. 22, 2022.Christoph Schmidt | Picture Alliance | Getty ImagesVolkswagen and its top shareholder have drawn up a preliminary agreement to list Porsche, paving the way for a deal that investors hope will unlock value from the luxury car

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