Volkswagen’s Antlitz: no touch upon valuation of Porsche itemizing

BERLIN (Reuters) – Volkswagen Chief Monetary Officer Arno Antlitz wouldn’t touch upon what the valuation of a Porsche itemizing could be, including that he anticipated big curiosity from the market.

The funds will give the carmaker extra flexibility on when to herald exterior companions to assist fund electrification, he added, in addition to extra flexibility on when the carmaker may listing its battery division Powerco, a transfer he didn’t rule out.

(Reporting by Victoria Waldersee, Writing by Miranda Murray, Enhancing by Madeline Chambers)