Volkswagen Prepares Carve-Out of Lamborghini -Reuters
02 October 2020 - 12:19AM
Dow Jones News
--Volkswagen is preparing plans to carve out Lamborghini, which
could see the luxury sports-car brand being listed on the stock
market in the future, reports Reuters, citing two sources familiar
with the matter.
--Timetable and details of any potential deal are still unclear
but if Volkswagen were to list Lamborghini, it would keep a
controlling stake, Reuters reports.
--Volkswagen declined to comment.
Full story: https://reut.rs/3cLgfw1
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(END) Dow Jones Newswires
October 01, 2020 10:04 ET (14:04 GMT)
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