Deutsche Bank mandated to lead Porsche IPO retail offering – spokesperson

By Emma-Victoria Farr

FRANKFURT (Reuters) – Deutsche Bank has been mandated to run the retail offering of Porsche’s upcoming listing, a spokesperson for Deutsche Bank said on Wednesday.

As part of the initial public offering, Volkswagen plans to offer preferred shares to the public in Germany, Austria, France, Italy, Spain and Switzerland in addition to offers to institutional investors.

(Reporting by Emma-Victoria Farr, editing by Madeline Chambers)