Volkswagen (pref) : To officially start review of Porsche AG IPO
>Boards decide to assess the feasibility of a potential IPO - Volkswagen issued yesterday evening a press release after its management board and supervisory board concluded the framework agreement already mentioned earlier this week reflecting the discussions between VW and Porsche SE regarding a potential Porsche AG IPO. Deal structure in line with press leaks, special div 49% of proceeds - VW detailed the key elements of such IPO which are largely i...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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