What if Porsche entered the stock market?
Developing large ranges of electric cars is expensive to the Volkswagen group, which could however find almost 20 billion euros quickly ... by entering Porsche on the stock market. Bour ...
09/10/2022
Developing large ranges of electric cars is expensive for the Volkswagen group, which could however find almost 20 billion euros quickly...By Introducing Porsche on the stock market.
The scholarship is a way like any other to make money, both for public investors, but also for the company when placing stock market at a fixed rate.The rumor was launched by the manager Magazine, a German media often well informed about the economic world across the Rhine.But it is not the first time either that we have heard about the arrival of Porsche on the stock market.
An IPO (initial public offering) which has become legion in recent times by car.And the insistent rumors are rumored on the stock market entries: Rivian (which would be immediately valued at $ 50 billion), but also Lucid, the small manufacturer of electric cars, have been mentioned in recent days.It must be said that the exceptional valuation of Tesla gives ideas to some who saw the bubble bursting for a long time.
For the Volkswagen group, it would be a question of introducing 20 to 25 % of the capital of Porsche on the stock market, if such a thing were to happen.With, at the end, between 20 and 25 billion euros in immediate money back for the German giant who desperately needs money to finance his immense electric car programs.
The rumor speaks of an entry into the stock market in 2022, but before that, it will be necessary to go through a vote to the supervisory board, in which representatives of workers sit, the Lower Saxony region and the shareholders.And not all of them are on the same wavelength concerning Porsche management, not counting on the Porsche holding company which has a say...