(Finance) – The initial public offering (IPO) of Porscheone of the largest in Europe, is proceeding despite the difficult market environment.
In the pre-order phase, the German carmaker garnered the interest of investors for the entire offer, with valuations ranging between 60 and 85 billion euros.
According to the latest rumors, the announcement of the listing in Frankfurt could arrive in the first week of September. Those willing to invest include large funds, such as T Rowe Price Group and Qatar Investment.