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Volkswagen’s Antlitz: no comment on valuation of Porsche listing
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BERLIN (Reuters) – Volkswagen Chief Financial Officer Arno Antlitz would not comment on what the valuation of a Porsche listing would be, adding that he expected huge interest from the market.
BERLIN (Reuters) – Volkswagen Chief Financial Officer Arno Antlitz would not comment on what the valuation of a Porsche listing would be, adding that he expected huge interest from the market.
The funds will give the carmaker more flexibility on when to bring in external partners to help fund electrification, he added, as well as more flexibility on when the carmaker could list its battery division Powerco, a move he did not rule out.
(Reporting by Victoria Waldersee, Writing by Miranda Murray, Editing by Madeline Chambers)
Valuation is the process of determining the current worth of an asset or a company. It involves analyzing various factors, including market conditions, financial performance, and potential for future growth.
Investment refers to the allocation of resources, usually money, in order to generate income or profit. This can include purchasing stocks, bonds, real estate, or other assets.
Corporate strategy is a company's overall plan for managing its business and achieving its goals. It includes decisions about resource allocation, market positioning, and competitive advantage.
Electrification in the automotive industry refers to the process of replacing traditional internal combustion engines with electric powertrains. This shift aims to reduce emissions and improve energy efficiency.
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