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Investors show a varied reaction as Porsche sets its sights on a valuation of up to $75 billion. On Monday, Volkswagen shares remain relatively stable, reflecting the mixed response to the automaker's plans to list Porsche AG. Volkswagen aims for a valuation range of 70 billion-75 billion euros ($70-75 billion), slightly below higher estimates but surpassing the valuations of competitors such as BMW and Mercedes-Benz. The differing assessments from investors highlight the uncertainty surrounding the potential success of Europe's third-largest initial public offering.
Monday, 19 September, 2022