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Wolfgang Porsche s wealth nearly halved in 2023 while Musk added $86 billion Here s why

Wolfgang Porsche s wealth nearly halved in 2023 while Musk added $86 billion Here s why
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Rumour: Volkswagen considering Porsche IPO worth $100 billion

According to reports, Volkswagen is considering a possible Initial Public Offering (IPO) of its luxury brand, Porsche AG.Although no decision has been made, the rumours of the Porsche IPO have been around for a few months.

Porsche piechInitial public offering

Autokonzern: Wer hat bei VW eigentlich das Sagen?

Autokonzern: Wer hat bei VW eigentlich das Sagen?
tagesschau.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tagesschau.de Daily Mail and Mail on Sunday newspapers.

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Bankers love their Porsche 911s So let them buy shares

Feb 22, 2021 For as long as I’ve been writing about Volkswagen AG, the German carmaker’s lousy stock-market valuation has been a topic of conversation that doesn’t lead anywhere. In a normal year VW sells more than 10 million vehicles and has a stable of prestige brands that would be the envy of any motoring enthusiast. Yet its market capitalization is just 90 billion euros ($109 billion), a fraction of Tesla Inc.’s. VW shareholders have become resigned to nothing much changing: The Porsche/Piech families, the State of Lower Saxony and the trade unions who together call the shots at VW are skeptical of radical moves. They listed a small stake in truck unit Traton SE but couldn’t bring themselves to part with Italian motorbike brand Ducati, for example.

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