Porsche Automobil Holding SE ADR (POAHY)

[crudeoil24]

Porsche SE Could Become a More Attractive Investment -- Market Talk
2:08 am ET August 19, 2022 (Dow Jones) Print
0607 GMT - Volkswagen's biggest shareholder, Porsche SE, so far is a passive holding company with high litigation claims and not an attractive investment, though the company might be changing into an actively managed holding amid the potential stock-market listing of the German auto maker's sports-car brand Porsche AG, analysts at Jefferies say in a research note. While Porsche SE has so far made only very limited efforts to diversify its assets, it looks set to acquire a stake in Porsche AG in the case of an IPO, the analysts say. "This would be positive, opening the possibility that Porsche SE could become an actively managed vehicle to grow and diversify family wealth like Exor has been for the Agnelli family," they say. ([e-mail])


(END) Dow Jones Newswires

August 19, 2022 02:08 ET (06:08 GMT)

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