SHARE FLASH: Volkswagen with a jump in price – ‘HB’: Preparing for Porsche IPO

Tuesday, 07.12.2021 16:35 from


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A VW Polo TGI. © Volkswagen AG

FRANKFURT (dpa-AFX) – The shares from the Volkswagen (VW share) -Group jumped on Tuesday afternoon because of a press report about the advancing IPO of the sports car subsidiary Porsche. In the “Handelsblatt”, citing circles, there was talk of the fact that a change in the shareholder structure is looming in the course of this.

The one in the Dax noted VW – Preferred stocks strengthened their recent rebound, most recently jumping 5.3 percent, while common stocks rose just 1.1 percent. The papers of the group holding Porsche SE , which have recently also been listed in the Dax and should not be confused with the sports car manufacturer, increased by 5.5 percent. The first gains were even clearer: The advantages had gained 8.3 percent at the top.

According to the report, the owner families Piëch and Porsche are available as buyers for a significant block of shares in the VW sports car subsidiary Porsche. The families also hold the majority in the Volkswagen Group through the Porsche SE holding company. As it is also said, they are considering a sale of parts of their VW stake in order to finance it. Rumors of a Porsche IPO have been around for a while at VW. / Tih / jha /


Further up?


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