ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received ...
Read More »Porsche CFO sees $81bn value unleashed in potential IPO
Bloomberg Porsche AG’s chief financial officer said a share sale of most profitable unit could unlock value to echo Ferrari NV’s successful public offering and help the sports-car maker raise money if needed. The maker of the 911 model could easily be valued “between 60 billion and 70 billion†euros ($69.4-$81 billion), applying multiples for luxury-goods producers such as Ferrari, ...
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