People looking at the Porsche front and left wheel.

Porsche AG Benefits from Volkswagen Group

Porsche CEO Oliver Blume said on Wednesday that they are profiting from being part of the Volkswagen Group, following speculation that an IPO of the luxury unit could be on the cards.
Germany’s Manager Magazin reported in October that investment bank Goldman Sachs and law firm Freshfields were among advisors working on a possible listing of the unit.

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