Porsche IPO to Raise $9.4 Billion for Parent VW

Volkswagen AG (OTCMKTS: VWAGY) aims to raise USD9.4 Billion from the initial public offering of its luxury sportscar maker Porsche AG, hopefully valuing the company at as much as USD74.1 Billion. The IPO could be Europe’s biggest listing in over a decade, according to Bloomberg. The automaker’s shares rose 1.4% in Frankfurt trading upon the …

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Handshake Acquires Talentspace

Talent network Handshake just announced the acquisition of recruiting platform Talentspace. Talentspace was designed to fuel recruiting events for big-name companies such as Amazon and Porsche and is set to strengthen Handshakes series of events while also powering its expansion into Europe. The move is Handshake’s first acquisition. “As Handshake’s first-ever acquisition, Talentspace will strengthen …

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Porsche Invests $75 Million in Synthetic eFuels

Porsche, owned by Volkswagen (OTCMKTS: VWAGY), announced its USD75 Million investment in eFuels on Wednesday, as it strives to electrify 80% of its model lineup by 2030. Climate-neutral “e-fuels” are designed to replace gasoline in traditional combustion engines. The company will be specifically investing in Chilean eFuel producer Highly Innovative Fuels (HIF). [stock_market_widget type=”inline-label” template=”basic9″ …

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