HAMBURG (Reuters) – Volkswagen’s supervisory board is expected to approve a plan to list sportscar maker Porsche in an initial public offering, a person familiar with the matter told Reuters.
The board is currently in session and expected to vote in favour of a listing, the person said.
Volkswagen declined to comment.
(Reporting by Jan Schwartz; Writing by Christoph Steitz; editing by Matt Scuffham and Tom Sims)
