Porsche IPO might raise up to $9.4 billion for parent company for Parent VW

By Team UllU

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German automaker specializing in SUVs and high-performance sports cars especially for luxury

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Porsche AG's IPO of preferred shares will be priced by VW Group at 76.50 to 82.50 euros per share.

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It was established in 1937 by the German Labor Front and is best known for its iconic Beetle. It is the flagship brand of the Volkswagen Group

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Porsche aims to attract wealthy customers, and after the IPO, its EBDITA will be lower than Ferrari's

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Porsche has major market share of 30%+ comparing to Ferrari's, Lamborghini, and Bentel

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Porsche is a market leader in 150k to 250k Euro range. Which is also most selling segments market

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Porsche aims to generate revenue of up to 40 billion euros and achieve a return on sales of up to 20% this year.

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What are the major changes we see post this landmark IPO, we have to wait for it.

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