Action advice – After Porsche, Volkswagen plans to put other brands on the stock market

Lutz Meschke, CFO of Porsche, Oliver Blume, CEO of Porsche and Volkswagen, and Theodor Weimer, CEO of stock exchange operator Deutsche Boerse, at the launch of Porsche’s IPO on the Frankfurt Stock Exchange. DANIEL ROLAND/AFP

Oliver Blume wants to develop « equity stories » for other brands of the group, intended to attract investors.

Oliver Blume, the boss of Volkswagen and Porsche wants the other brands of the group « train» via simulation exercises for a possible IPO.

After the successful IPO of Porsche, Oliver Blume wants to « develop for other brands of the group» stories intended to seduce investors. « Whether it’s Audi, Volkswagen, Skoda, we want to further refine the profiles of the group’s brands and thus strengthen the entrepreneurial spirit. Within the Volkswagen Group, I sense a clear desire to give greater prominence to capital market issues“Explained to the business daily Handelsblatt Oliver Blume.

The Volkswagen group is at the head of a dozen brands including VW, Audi, Seat, Cupra, Skoda, Lamborghini, Bentley, Ducati motorcycles and Scania trucks.

Porsche’s recent IPO has fueled speculation that the manufacturer might organize the partial sale of other…

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