VW shares are on the rise Thursday after reports that the company is weighing a listing of its Porsche brand, "among other options" to unlock value. VW preferred shares were up as much as 5.7% on the news and Porsche SE was up as much as 6%. VW shares in Frankfurt popped as much as 3.4% on the news.
The report states that should Porsche list its shares, it would only list a maximum of 25% of the company at a "total estimated value of EU20 billion to EU25 billion, according to internal calculations," Bloomberg wrote on Thursday. The…Volkswagen Shares Jump After News Of Possible Porsche Listing
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