- Volkswagen AG's VWAGY energy and charging division is reportedly exploring a possible listing.
- The energy and charging business division, like its battery business PowerCo, is preparing for a listing as part of a training schedule by the CEO Oliver Blume, Reuters reported.
- The plan was to secure the long-term structure of the business, the report quoted the division's chief Elke Temme.
- Also Read: Google, Porsche Trying To Seal Deal For App Access
- The results of the training, called, 'virtual equity stories' will be handed out a capital markets day in 2023.
- Also Read: Volkswagen Warns On Persistent Semiconductor Supply Bottlenecks In 2023
- Price Action: VWAGY shares closed higher by 1.25% at $17.27 on Friday.
- Photo Via Company
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in