Porsche completes sale of Bugatti Rimac stakes for €1 billion
Proceeds include €250 million for pension obligations, raising the full-year Automotive Net Cash Flow Margin forecast to 5.5–7.5 percent.
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German luxury automobile manufacturer
porsche.comLast updated
In short: Porsche completed the €1 billion sale of its Bugatti Rimac stakes and finalized a $1.5 billion AI partnership with Tata Consultancy.
Proceeds include €250 million for pension obligations, raising the full-year Automotive Net Cash Flow Margin forecast to 5.5–7.5 percent.
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