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Volkswagen: The Porsche / Piëch family is examining part of their VW stake in order to put the money in Porsche

Porsche vehicle at a motor show

The VW owner families grab a majority in the sports car manufacturer.

(Foto: imago images/ZUMA Wire)

Berlin, Düsseldorf, Frankfurt In the midst of the transformation, Volkswagen is developing a new shareholder structure. In order to raise the necessary capital for the restructuring of the group towards electromobility, Europe’s largest carmaker is preparing the IPO of its sports car subsidiary Porsche, as it was called in corporate circles, under the project name “Phönix”.

A buyer is ready: the owner families Piëch and Porsche. You are considering buying a significant block of shares in Porsche through Porsche Automobil Holding SE, through which you also hold the majority in Volkswagen. They need money for the deal – and to do this, the family is considering selling parts of their VW stake.

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Reference-www.handelsblatt.com

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