Dear reader, if a wartime IPO is an eye-catcher in itself, then Porsche’s IPO is a sensation today. EUR 82.50 per preferred share and EUR 88.69 per common share; The previous sole owner Volkswagen should generate around 19.5 billion euros – that’s enough for the largest German IPO in ages. To be more precise: since… Continue reading German Manager Magazine: Continental, Hella, ZF, Forvia, Porsche, Volkswagen, Airbnb: The new newsletter manage:mobility002049
Author: Manager Magazin (German)
German Manager Magazin: Porsche: Share falls back slightly after start and oscillates around issue price 002049
The carmaker Porsche got off to a good start on the stock market in the midst of a difficult market environment. Shortly after the start of trading on Thursday, the share of the carmaker by almost 2 percent above the issue price to 84.00 euros, but then slipped back to the level of the issue… Continue reading German Manager Magazin: Porsche: Share falls back slightly after start and oscillates around issue price 002049
German Manager Magazin: Porsche achieves top price in IPO002048
Breathe easy in Wolfsburg. In the midst of the market turbulence on the stock exchanges and the mounting recession, it succeeds VolkswagenGroup, the IPO of the sports car subsidiary Porsche achieve the announced maximum price. The 113.9 million preferred shares of Porsche AG will be issued to investors at a price of EUR 82.50 each,… Continue reading German Manager Magazin: Porsche achieves top price in IPO002048
German Manager Magazin: Dax board salaries: That’s how much Steve Angel, Herbert Diess and Co. earned in 2021002047
That salaryThe gap between board members and average employees is widening: The top managers of German stock exchangenheavyweights have benefited from the good development of their groups after the corona crisis benefits. On average, board salaries rose by 24 percent in the previous year. The executives of the 40 dax-Companies including the CEOs received an… Continue reading German Manager Magazin: Dax board salaries: That’s how much Steve Angel, Herbert Diess and Co. earned in 2021002047
German Manager Magazin: Porsche goes public: These are the biggest IPOs of all time002046
It might be the biggest initial public offering in Germany for more than 25 years: Next Thursday, September 29, the sports car manufacturer Porsche appear on the stock exchange for the first time. In an allusion to the classic Porsche 911, the share capital of Porsche AG was divided into 911 million shares. A total… Continue reading German Manager Magazin: Porsche goes public: These are the biggest IPOs of all time002046
German Manager Magazin: “Who should beat us?” Volkswagen and Umicore put three billion euros into battery alliance002045
In a good mood, Volkswagen’s Chief Technology Officer Thomas Schmall (58), Jörg Teichmann, Head of Purchasing at the VW battery subsidiary PowerCo, Umicore CEO Mathias Miedreich (46) and Ralph Kiessling, Executive Vice President at the Belgian materials technology and recycling group, pressed at the same time in Salzgitter and Brussels on the red button. A… Continue reading German Manager Magazin: “Who should beat us?” Volkswagen and Umicore put three billion euros into battery alliance002045
German Manager Magazin: Association of the Automotive Industry: How Hildegard Müller is driving the comeback002044
Restore iTunes subscription manager+ is processed via your iTunes account and paid for with confirmation of purchase. 24 hours before expiry, the subscription is automatically extended by one month at the current price of €24.99. You can cancel the subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazin: Association of the Automotive Industry: How Hildegard Müller is driving the comeback002044
German Manager Magazin: VW supervisory board member Weil is skeptical about e-fuels002043
Lower Saxony’s Prime Minister Stephan Weil (63) thinks e-fuels are interesting, but does not expect synthetic fuels to be used in cars in the near future. The so-called e-fuels would be interesting if a petrol engine could be used CO2-neutrally at affordable prices, said the SPD politician, who is also a member of the supervisory… Continue reading German Manager Magazin: VW supervisory board member Weil is skeptical about e-fuels002043
German Manager Magazin: Varta in the MDax shocks its investors002040
The MDax group Varta shocked its investors. The battery manufacturer conceded its previous goals completely with a profit warning. The company announced on Friday that the forecasts for sales and earnings in the current year and the third quarter could no longer be achieved. The board of directors headed by Herbert Schein (53) is currently… Continue reading German Manager Magazin: Varta in the MDax shocks its investors002040
German Manager Magazin: Green Transformation: Can Europe decarbonize its heavy industry?002040
Green industrialization Can Europe decarbonize its heavy industry? Swedish steel is said to be the hardest in Europe – and soon to be the greenest too. A new steelworks in Sweden will not be powered by coal or gas, but by hydrogen. A role model for Europe – but it won’t be easy. An original… Continue reading German Manager Magazin: Green Transformation: Can Europe decarbonize its heavy industry?002040