BERLIN (Reuters) – Volkswagen Chief Financial Officer Arno Antlitz would not comment on what the valuation of a Porsche listing would be, adding that he expected huge interest from the market.
The funds will give the carmaker more flexibility on when to bring in external partners to help fund electrification, he added, as well as more flexibility on when the carmaker could list its battery division Powerco, a move he did not rule out.
(Reporting by Victoria Waldersee, Writing by Miranda Murray, Editing by Madeline Chambers)
Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.