Volkswagen (pref) : Porsche AG IPO now officially under consideration
>Volkswagen and Porsche SE in “advanced discussions” - Volkswagen and Porsche SE (holding company), its main shareholder (53.3% of ordinary shares, meaning with voting rights) announced yesterday that they were in “advanced discussions” regarding a potential IPO of Porsche AG (the car maker, 100%-owned by Volkswagen) and that they had negotiated a framework agreement to this end. However, the two groups clearly indicated that the talks could be unsuccessful and that a...Volkswagen the parent company of the Volkswagen Group. It develops vehicles and components for the Group's brands, and produces and sells vehicles such as passenger cars and light commercial vehicles for the Volkswagen Passenger Cars and Volkswagen Commercial Vehicles brands. In the electricity sector, Co. performs electricity generation, sales and distribution together with a Group subsidiary. Western Europe, China, Brazil, the U.S., Russia, Mexico and Argentina are the key markets of the Group. The automotive division comprises the passenger cars, commercial vehicles, and power engineering segments, while the financial services division corresponds to the financial services segment.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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