Currently reading: Porsche IPO raises €19.5 billion for Volkswagen Group

Porsche flotation comprising 911 million shares at €82.50 apiece ‘a big dream come true’ for CEO Oliver Blume

Porsche AG’s initial public offering (IPO) raised €19.5 billion for parent company the Volkswagen Group, Reuters has reported.

The listing of 911 million shares – an apparent reference to its long-running

Register for free to access this article
  • Instant access to all Autocar Business news
  • Regular email newsletters
See all benefits here