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Porsche may be listed on a separate stock exchange from Volkswagen.
3 years ago
18
FRANKFURT – Volkswagen announced on Tuesday (February 22) that it is preparing to list its luxury brand Porsche in order to earn funding for its transition to electric vehicles.
Volkswagen said in a statement that it and its largest shareholder Porsche had "negotiated a framework agreement that should form the basis for next efforts" toward a separate stock market listing.
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