Volkswagen targets $70.1 billion to $75.1 billion valuation in planned Porsche IPO

The name of car manufacturer Porsche is attached to the curved facade of the new Porsche Center in Magdeburg. Stéphane Schulz | photo alliance via Getty Images volkswagen will price preferred shares in Porsche AG’s planned IPO at 76.50 euros to 82.50 euros ($76.61 to $82.62) per share, the automaker announced Sunday, generating proceeds between …

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