One of the leading names in the automotive world Porsche A very important development has taken place. The company, which continues its activities within Volkswagen, will be offered to the public announced. According to Volkswagen’s statements, 25 percent of Porsche’s non-voting preference shares will be offered to the public and traded on the stock exchanges.

In Volkswagen’s statements, the public offering Frankfurt Stock Exchange It was said to begin the public offering process, which is expected to start in late September or early October. completion by the end of the year is planned.

Porsche split in half for IPO!

In the official statements made, for the public offering, structural reforms. expressed. In this context; Porsche capital split in half first. 25 percent of the preferred stock created for the public offering has been purchased. This is the part of Porsche that will enter the fair.

Volkswagen has taken a huge risk: why?

Actually; Porsche’s IPO process for the first time early 2022 had been pronounced. Volkswagen said in a statement at the time that this would be possible. But at the beginning of 2022 there was a spring feeling around the world. COVID-19 had generally started to end, economies were booming and people’s hopes had soared. Now there is the Ukraine War, and this war could spill over to Europe at any moment. energy crisis According to many economists, Volkswagen has taken a very serious risk. Timing is not at all for an IPO. appropriate not.

However to Reuters That’s not quite the case. According to a news service, Porsche’s IPO would give the company a valuation of between $60 billion and $80 billion and has been around since the 1990s. largest in europe will be one of the public offerings. Time will tell whether the economists or Reuters will be right.