Deutsche Bank mandated to lead Porsche IPO retail offering – spokesperson

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.

Reporting by Emma-Victoria Farr, editing by Madeline Chambers