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Porsche IPO Interest Suggests Valuation up to $85bn

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Porsche has gained investor interest in its initial public offering at a valuation of up to $85 billion, Bloomberg reported Friday.

According to Bloomberg sources, the news signals one of Europe's largest ever listings is set to go ahead despite market uncertainty.


If Goldman Sachs' forecast comes to fruition, it'll mean next year is the bottom of the housing downturn. In 2024, the investment bank expects housing activity to begin to rebound. That'll also see, according to Goldman Sachs, home price growth climb to 3.5% in 2024 and 3.8% in 2025.






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