Berlin The management and supervisory boards of Volkswagen (ETR:VOWG.p) will meet on Monday to decide if the long-awaited listing of sports car brand Porsche in late September or early October should go ahead. The company said on Saturday that the meeting would take place on Monday.
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A decision will also be made about whether Volkswagen agrees to the sale of 25% and one share of ordinary shares in Porsche AG to Porsche SE, which was set out in a framework agreement between the two companies in February.
“A final decision has not yet been taken,” Volkswagen’s statement said.
