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Porsche's holding firm expects impairments related to Volkswagen to be $21.56 billion

ReutersMar 7, 2025 6:12 PM

- Porsche SE PSHG_p.DE, the holding firm of the carmaker, said on Friday it expects writedowns related to Volkswagen VOWG_p.DE to be 19.9 billion euros ($21.56 billion).

Porsche SE is Volkswagen's top shareholder.

($1 = 0.9228 euros)

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