Volkswagen has announced it has set the subscription price for its new issue of preference shares at €65 per share. The company will issue 64,904,498 new shares with a subscription ratio of 37:6. Net proceeds of the issue are expected to be approximately €4.1bn (US$5.46bn). The capital increase involves the issue Subscribe to Automotive World … Continued
Volkswagen has announced it has set the subscription price for its new issue of preference shares at €65 per share. The company will issue 64,904,498 new shares with a subscription ratio of 37:6. Net proceeds of the issue are expected to be approximately €4.1bn (US$5.46bn).
The capital increase involves the issue
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https://www.automotiveworld.com/articles/81410-germany-vw-sets-new-preference-share-price-at-65/
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