Only major geopolitical problem will stop Porsche IPO, CFO says

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Porsche will only backtrack on its stock market debut in the event of severe geopolitical problems that would make the importance of a listing fade in comparison, its chief financial officer said

In a media call on Tuesday, Porsche and now also Volkswagen Chief Executive Oliver Blume said the listing could help revive capital markets hit by slowing global growth.

"If a company is able to succeed under these difficult market conditions, it is Porsche," Meschke said. , which will take 25% plus one share of ordinary Porsche AG shares at a 7.5% premium, needing significant financing to fund its portion of the sports car brand's shares, Bernstein analyst Daniel Roeska said in a research note.

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