-+ 0.00%
-+ 0.00%
-+ 0.00%
Porsche AG Closes EUR1 Billion Sale of Bugatti Rimac, Rimac Group Stakes
Share
Listen to the news
11:20 PM EDT, 09/09/2026 (MT Newswires) -- Porsche AG (P911.F) completed the sale of its stakes in Bugatti Rimac and Rimac Group for total proceeds of 1 billion euros, according to a Wednesday release. The German sports car manufacturer sold the interest to an unspecified buyer consortium under deals signed in April. It earmarked 250 million euros of the total expected proceeds for its pension obligations.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending