Nglz Sony, Microsoft and their new consoles

German car company Volkswagen announced on Tuesday that it is in an advanced stage of talks to take Porsche AG public, a historic sports car company it fully controls. The IPO (English acronym for initial public offering, uggs damen i.e. debut on the stock exchange) would involve the sale of 49 percent of the shares of Porsche AG, schwarze uggs and an initial valuation of around 85 billion euros is estimated According to several financial analysts, the listing of Porsche AG on the stock exchange would be considered by the Volkswagen group to be a decisive operation for its future: from the listing it would in fact obtain huge new economic resources to invest in the transition towards electric vehicles, a sector where the German company is still behind other automotive companies. The stock market listing of Porsche AG will have to be approved by the boardboard of directors of Volkswagen AG (the name of the group that controls the brands Volkswagen, Porsche AG, Audi, Seat and Lamborghini, among other things, and which is commonly known as Volkswagen) and that of Porsche SE, the holding company of which Volkswagen AG is also part. The Porsche SE holding is owned by the Porsche-Pi毛ch family, and owns more than 30 percent of the shares of the Volkswagen AG group. The other shares of Volkswagen AG are controlled by the German state of Lower Saxony and the Qatari sovereign wealth fund, as well as by private shareholders. The company Porsche AG, the one that produces Porsche brand cars, is controlled by Volkswagen AG. Therefore, although there is a partial overlap of shareholders, the ownership of Porsche SE and Porsche AG do not correspond, despite what it might seem from the almost total homonymy. 鈥?Read also: What happened to the...