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Volkswagen still working on Q4 IPO for Porsche – CFO

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Reuters UK

MUNICH (Reuters) – Volkswagen is still working toward an initial public offering for its Porsche unit in the fourth quarter, the German carmaker’s finance chief said at the Reuters Automotive Europe conference in Munich on Wednesday. “We are optimistic we can pursue this project in the fourth quarter,” Chief Financial Officer Arno Antlitz said. (Reporting by Ilona Wissenbach, writing by Nick Carey,; editing by Louise Heavens)

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