YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Last edited 9:17 a.m., Feb. 23, 2022
Volkswagen is considering a spin-off of its Porsche division in a public offering.
The company negotiated a “framework agreement” with Porsche Automobil Holding, the investment company for descendants of Ferdinand Porsche, who founded the luxury car maker in the 1930s.
Should Porsche go public, VW may use the proceeds to invest in electric vehicles.
Read more from The New York Times.
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