SYDNEY (MarketWatch) — German automaker Porsche Automobil Holding SE said Sunday that it will issue ordinary and preferred shares at 38 euros ($53.3) a share. Net proceeds will amount to around 4.89 billion euros and will be used to repay liabilities under the firm’s credit facilities, it said. The firm will issue 65.63 million ordinary [...]
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Porsche to issue shares at 38 euros a share
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