Founding Families Prepare To Take A Stake As Porsche Considers IPO

Agent009 submitted on 6/1/2021 Auto Spies Photos Timestamp: 9:50:24 AM

Views : 3,128 | Category: New Cars | Source: | SOURCE: www.autonews.com

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The Porsche and Piech families are prepared to take a direct stake in Volkswagen Group's Porsche brand if the sports-car unit is separately listed, two people familiar with the matter said.

Such a move would loosen the families' grip on VW Group in favor of direct ownership of the Porsche brand, which dates back to 1931 and was founded by Ferdinand Porsche.



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Founding Families Prepare To Take A Stake As Porsche Considers IPO

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