# CEO Blume hails ‘historic moment’ as Porsche AG lists on Frankfurt exchange
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2022-09-29
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Porsche AG CEO celebrates historic IPO with colleagues
Meta Description: Porsche AG CEO Oliver Blume rang the bell and hugged colleagues to mark luxury car brand's listing after Germany's biggest IPO in 25 years. CFO Lutz
URL: https://financedigest.com/ceo-blume-hails-historic-moment-as-porsche-ag-lists-on-frankfurt-exchangehtml

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FRANKFURT (Reuters) – Porsche AG Chief Executive Oliver Blume rang the bell and hugged colleagues on what he called the “historic moment” of the luxury car brand listing on Thursday after Germany’s biggest initial public offering (IPO) in more than 25 years.

Porsche Chief Financial Officer Lutz Meschke added that the company had proven it could succeed in challenging market circumstances.

(Reporting by Victoria Waldersee; writing by Matthias Williams; Editing by Miranda Murray)


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