Hopes for more clarity on a possible listing of Volkswagen’s luxury Porsche division lifted the share price of Europe’s largest carmaker and its top shareholder on Wednesday.
“That’s when management will hopefully show their colours,” a company source familiar with talks about a listing told Reuters. “The situation is coming to a head,” said another informed source. Volkswagen is still considering a potential partial listing of Porsche and has decided, according to informed sources.
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