Porsche SE states that the potential for sports car manufacturer IPO depends on market conditions

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Porsche SE states that the potential for sports car manufacturer IPO depends on market conditions

“The actual feasibility of the IPO depends on a large number of different influencing factors… final decisions have not yet been made.”

Story Highlights

  • “We are working on financing plans in order to be robust in different valuation scenarios for an IPO (initial public offering),” Porsche SE chairman Hans-Dieter Poetsch said.