a valuation of 75 billion euros.


The German automobile group Wolkswagen AG specifies the IPO of Porsche at the end of the month.

A Porsche share between 76.50 and 82.50 euros.

Experts were counting on a valuation of between 60 billion and 85 billion euros. Finally, it will be around 70 to 75 billion, according to a press release published Sunday evening by the Supervisory Board of Volkswagen AG.

At the beginning of the month, the latter had indeed confirmed that it was preparing to enter the Frankfurt Stock Exchange for the coming weeks. Porsche’s capital had then been distributed upstream in the form of 911 million shares, of which 50% preference shares – with an increased dividend but no voting rights – and 50% ordinary shares – this time including voting rights. Investors will be able to subscribe “up to 25%” of these preferred shares, for a basic price of between 76.50 and 82.50 euros.

Through this single transaction, the automotive firm could raise up to ​9.4 billion euroswhile the group intends to attract both institutional stakeholders and the general public on the German market, but also in Austria, France, Italy, Spain and Switzerland.

The first exchanges relating to the Porsche title on the Stock Exchange should be operational from September 29.

This initiative, which should enable the brand to boost its electrification strategy, will constitute one of the largest quotations ever carried out in Europe.


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