Porsche luxury IPO pitch encounters investor concern it’s not ‘a safe bet’

Porsche is pitching its initial public offering as a chance to invest in a company that combines the best of carmaking rivals like Ferrari NV and luxury brands such as Louis Vuitton. The problem is, not all investors are buying it. In early meetings with portfolio managers, the Volkswagen AG unit compared itself to the […] July 17, 2022 at 02:05AM