Automakers

Porsche IPO to comprise 911 million shares in nod to brand's most famous model, report says

The 911 is Porsche's most iconic model. (Porsche)
R
By:
Reuters
September 15, 2022 01:00 PM

FRANKFURT – Volkswagen Group's supervisory board is due to meet on Sunday to move forward with the IPO of its Porsche brand, which will comprise 911 million shares in a nod to its most famous model, two sources close to matter said.

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