Following a successful initial public offering, shares in Porsche started trading on Thursday on the Frankfurt Stock Exchange. Volkswagen Group, which owned 100% of Porsche prior to the IPO, set the placement price at 82.50 euros (approximately $79.60) per share, valuing the sports car marque at 75 billion euros. The share price has risen to 84.90...Following a successful initial public offering, shares in Porsche started trading on Thursday on the Frankfurt Stock Exchange. Volkswagen Group, which owned 100% of Porsche prior to the IPO, set the placement price at 82.50 euros (approximately $79.60) per share, valuing the sports car marque at 75 billion euros. The share price has risen to 84.90...
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