BERLIN (Reuters) – Preparations for a possible listing of Volkswagen’s sports car brand Porsche are going according to plan but no decision has been taken yet, Volkswagen chief financial officer Arno Antlitz said in comments published on Monday.
“This is a key element for the Group, especially because the possible proceeds would give us more flexibility to further accelerate the transformation,” Antlitz in an internal Volkswagen interview.
“However, a decision has not yet been made,” he said.
(Writing by Paul Carrel; Editing by Robert Birsel)