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Volkswagen CEO opposes Porsche IPO

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Will Porsche IPO?

Recently, there has been a rumor that "VW will list Porsche", but there was a report that Herbert Diess, CEO of VW Group, is negative about that.

Related article:News that Porsche may be listed

He is in germanyFrankfurter Allgemeine ZeitungAccording to what was said in the interview at, it is said that VW needs a certain amount of money due to such structural changes of VW because it is in the middle of a large-scale shift change to electric vehicles recently. However, Porsche's IPO is not so high priority.

Lutz Meschke, CFO of Porsche AG, seems to have supported Porsche's initial public offering, but still

"The decision is made by VW's management and the Board of Corporate Auditors."

So this time the CEO of this VW

"It's not"

It seems that Porsche will go public in the near future.

Well, I don't know what will happen, but ~ ^^

Source:
 Eine Perle wie Porsche gibt man nicht aus der Hand ”
Volkswagen Group CEO Comes Out Against Porsche IPO

Related article:News that Porsche may be listed

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