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VW Group reportedly mulls Porsche IPO

2020 Porsche 911 SVolkswagen Group may be looking at a Porsche spinoff in its quest to raise funds for its extensive electric vehicle and software development programs. Citing a source at the automaker, Manager Magazin reported Thursday that VW Group is considering a partial float of Porsche. According to the source, VW Group could float as much as 25% of…