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Deutsche Bank mandated to lead Porsche IPO retail offering – spokesperson

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FRANKFURT, Sept 7 (Reuters) – Deutsche Bank (DBKGn.DE) has been mandated to run the retail offering of Porsche’s upcoming listing, a spokesperson for Deutsche Bank said on Wednesday.

As part of the initial public offering, Volkswagen (VOWG_p.DE) plans to offer preferred shares to the public in Germany, Austria, France, Italy, Spain and Switzerland in addition to offers to institutional investors.

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Reporting by Emma-Victoria Farr, editing by Madeline Chambers

Our Standards: The Thomson Reuters Trust Principles.

Emma-Victoria Farr

Thomson Reuters

Reports on European M&A with previous experience at Mergermarket, Bloomberg The Daily Telegraph and Deutsche Presse Agentur.

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