Volkswagen is looking at options for its luxury brand Lamborghini, including a sale or stock listing, Bloomberg reported on Friday, citing people familiar with the matter. Chief Executive Herbert Diess in March said Volkswagen was reviewing its portfolio of brands, which also include Ducati and Bentley, and whether to divest some non-core businesses. Volkswagen is readying to fold Lamborghini into a separate legal entity, in a process that may wind up toward the end of next year, Bloomberg reported https://www.bloomberg.com/news/articles/2019-10-11/vw-is-said-to-mull-options-for-lamborghini-brand-in-overhaul, citing sources. …read more
Source:: Yahoo Finance
