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Reviews Valued at 75 billion euros, Porsche will be launched on the stock market on September 29

11:20  25 september  2022
11:20  25 september  2022 Source:   ouest-france.fr

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Valorisé à 75 milliards d'euros, Porsche sera lancé en Bourse le 29 septembre © SP/Porsche valued at 75 billion euros, Porsche will be launched on September 29 After giving its approval to an introduction in Stock Exchange at the start of the month, Volkswagen wants to obtain the billions necessary to finance its investments in the electric car.

could be one of the largest quotes in Europe in recent years. The German car manufacturer Volkswagen announced Sunday September 18 planning to introduce its Sports Sports Porsche on September 29 and target a valuation of up to 75 billion euros. The indicative price of the offer will be between 76.50 and 82.50 euros per share, said in a press release Volkswagen, the second world manufacturer, which had given its green light to the Introduction to the Stock Exchange Frankfurt (Germany) of the manufacturer of the legendary 911. Carried out at the top of the range, it would be one of the largest quotes in Europe in recent years.

Häme for Porsche comparison: Luisa Neubauer Kanzelt Merz for "#Ökolobby" tweet from

 Häme for Porsche comparison: Luisa Neubauer Kanzelt Merz for The CDU chairman Friedrich Merz continues: After he had attacked Olaf Scholz 'Ukraine policy on Wednesday morning, button is buttoned Merz now Annalena Baerbock and Robert Habeck . Merz wants to score with a tweet for lobbying in the Ministry of Foreign and Economic Affairs- but his attack backfires. © dpa The CDU chairman Friedrich Merz shares against the "ecolobby". “Our perception is completely out of the solder.

By abandoning a fraction of its control over the car manufacturer, Volkswagen aims to obtain the billions necessary to finance its investments in the electric, connected and autonomous car. The group thus indicates in its press release that it expects an operation to report up to 9.4 billion euros. The capital of Porsche was divided into 50% of preferential shares, offering a reinforced dividend but without voting rights, and 50% of ordinary shares with voting rights.

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Volkswagen decision plans to place on the stock market 25% of preferential shares, or 113,875,000 titles, representing 12.5% ​​of the capital of the company. The German manufacturer had unveiled his plan to launch Porsche on the stock market last winter, exactly February 24, on the first day of the invasion by the Russian army of Ukraine. The economic tremors that followed had cast a doubt on the calendar, but the IPO finally confirmed by the manufacturer despite the turbulent context in the financial markets.

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Société Générale takes off on the stock market after the publication of financial results better than expected .
supplied by Tribune "The accounts are notably affected by the cost of risk, these sums provisioned to deal with any unpaids on credits" commented Frédéric Oudéa, Managing Director, on the start to join Sanofi. Third quarter contrasting for the Société Générale bank. The third French bank published this Friday a turnover up 2.3% over one year, at 6.83 billion euros (a better result than expected and praised on the stock market) despite a decreased net profit From 6.4%, to 1.5 billion euros, due

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