{"id":471181,"date":"2022-02-26T08:28:34","date_gmt":"2022-02-26T02:58:34","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=471181"},"modified":"2022-02-26T09:03:42","modified_gmt":"2022-02-26T03:33:42","slug":"vw-keeps-porsche-ipo-on-table-amid-market-volatility-to-ignite-ev-push","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/vw-keeps-porsche-ipo-on-table-amid-market-volatility-to-ignite-ev-push\/","title":{"rendered":"VW keeps Porsche IPO on table amid market volatility to ignite EV push"},"content":{"rendered":"<p>Volkswagen AG said it will continue to explore an initial public offering of the German manufacturer\u2019s Porsche sportscar brand as markets are roiled by Russia\u2019s invasion of Ukraine.<\/p>\n<p>A listing could happen at the earliest in the fourth quarter, VW Chief Financial Officer Arno Antlitz said Friday. The plan comes on the heels of the fighting in Ukraine, which has sparked volatility across world markets and concerns of higher energy prices.<\/p>\n<p>Europe\u2019s largest automaker and its majority shareholder Porsche Automobil Holding SE &#8212; the billionaire Porsche and Piech family\u2019s main investment vehicle &#8212; confirmed this week they\u2019re in advanced talks about selling shares in the company\u2019s most profitable division. The move would lift VW\u2019s valuation and help fund its shift toward electric cars.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Volkswagen AG said it will continue to explore an initial public offering of the German manufacturer\u2019s Porsche sportscar brand as markets are roiled by Russia\u2019s invasion of Ukraine. A listing could happen at the earliest in the fourth quarter, VW Chief Financial Officer Arno Antlitz said Friday. The plan comes on the heels of the fighting in Ukraine, which has sparked volatility across world markets and concerns of higher energy prices. Europe\u2019s largest automaker and its majority shareholder Porsche Automobil Holding SE &#8212; the billionaire Porsche and Piech family\u2019s main investment vehicle &#8212; confirmed this week they\u2019re in advanced talks [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-471181","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/471181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=471181"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/471181\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=471181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=471181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=471181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}