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Volkswagen sets Porsche IPO at up to 9.4 billion euros

FILE - Logo of the Porsche car manufacturer during the annual shareholders meeting of the Volkswagen stock company in Hannover, Germany, May 10, 2017. Volkswagen has set the price range for the multibillion-euro sale of a minority stake in luxury brand Porsche as its prepares an initial public offering to fund VW's investments in new technologies and businesses including electric cars, software and services. (AP Photo/Michael Sohn) FILE - In this file photo dated April 23, 2020, company logo flags wave in front of a Volkswagen factory building in Zwickau, Germany. Volkswagen has set the price range for the multibillion-euro sale of a minority stake in luxury brand Porsche as its prepares an initial public offering to fund VW's investments in new technologies and businesses including electric cars, software and services. (AP Photo/Jens Meyer, File)