Volkswagen is still considering a stock market listing of its luxury sports car brand Porsche, according to reports, as it looks to raise capital for a costly shift towards electric vehicles.
Estimates for what Porsche could be worth as a standalone company range between €45bn and €90bn (£38bn and £77bn).
Speculation about what could be a record-breaking Porsche listing has surfaced over the year, but no decision has been made, due to a complex stakeholder setup, sources told the Reuters news agency, adding it was unclear whether a listing would happen.
Earlier, the German business newspaper Handelsblatt reported that the Porsche and Piëch families, who control Volkswagen’s largest shareholder Porsche SE, are considering selling part of their
Read more on theguardian.com