Analysis-Porsche poses governance dilemma for investors weighing IPO

Published by
Reuters UK

By Carolyn Cohn, Danilo Masoni and Simon Jessop LONDON/MILAN (Reuters) – Porsche’s leadership set-up and the limited influence for stock market investors after its IPO are prompting some fund managers – particularly those focussed on governance issues – to think twice about whether to invest in the listing. Volkswagen has said it will list its Porsche AG sports car brand this month or early next. Valued at up to 70-80 billion euros ($70-80 billion), it could be among Germany’s biggest listings and Europe’s largest since 1999. Volkswagen’s supervisory board is due to meet on Sunday evening and …

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