HomeInvestingDividendsPorsche (POAHY) IPO Valued At €75B
Porsche (POAHY) IPO Valued At €75B

Porsche (POAHY) shares will begin trading on September 29th. George Tsilis joins Alex Coffey and Jenny Horne to discuss POAHY as its public offering is valued at €75B. They also compare POAHY to Volkswagen (VLKAF) and note that the sale of 25% of POAHY could raise €9.5B for Volkswagen. Finally, they talk about how Volkswagen is to distribute nearly 50% of gross proceeds of POAHY to shareholders as a dividend. Tune in to find out more about the stock market today.

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