VW top shareholder Porsche SE sees impairment on investment of up to 20 bln euros
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Porsche SE, the top shareholder of Volkswagen, anticipates an impairment on its investment in the carmaker of up to 20 billion euros.
December 13, 2024 | 6:45 pm
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Porsche SE, which owns a significant stake in Volkswagen, expects an impairment of up to 20 billion euros on its investment in the carmaker.
The announcement of a potential impairment of up to 20 billion euros on Porsche SE's investment in Volkswagen is likely to negatively impact Porsche SE's stock price. This is a significant financial adjustment, indicating potential challenges or devaluation in the investment, which investors may react to unfavorably.
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