Automakers

Porsche, Piech families may take direct stake in possible Porsche IPO, report says

Porsche production 2020 Zuffenhausen
Production at Porsche's factory in Zuffenhausen, Germany. (CB)
R
By:
Reuters
May 31, 2021 12:28 PM

FRANKFURT -- The Porsche and Piech families are prepared to take a direct stake in Volkswagen Group's Porsche brand if the sports-car unit is separately listed, two people familiar with the matter said.

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