Volkswagen to meet on Monday: to discuss Porsche IPO plans

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Volkswagen said on Saturday that the company’s leadership will meet on Monday to discuss a planned public listing of its Porsche brand… The company said in an announcement that it has conducted a feasibility study for an IPO, and that the management board and supervisory board will discuss more on Monday. A meeting to discuss whether an IPO should be “pursued in late September/early October 2022” … Volkswagen has been working on plans for a minority stake in the Porsche brand for months to go public this year, in what could be one of the largest ever European IPOs one.
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