Deutsche Bank mandated to lead Porsche IPO retail offering – spokesperson

By:

Updated: Sep 7, 2022, 16:21 UTC

By Emma-Victoria Farr FRANKFURT (Reuters) - Deutsche Bank has been mandated to run the retail offering of Porsche's upcoming listing, a spokesperson for Deutsche Bank said on Wednesday.

By Emma-Victoria Farr

FRANKFURT (Reuters) – Deutsche Bank has been mandated to run the retail offering of Porsche’s upcoming listing, a spokesperson for Deutsche Bank said on Wednesday.

As part of the initial public offering, Volkswagen plans to offer preferred shares to the public in Germany, Austria, France, Italy, Spain and Switzerland in addition to offers to institutional investors.

(Reporting by Emma-Victoria Farr, editing by Madeline Chambers)

About the Author

Reuterscontributor

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products: