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Earnings Preview: DRPRY to Report Financial Results Pre-market on October 25
$DR ING H C F PORSCHE AG(DRPRY.US)$ is scheduled to release its financial results pre-market on October 25 ET. Earnings PreviewAnalysts estimate $DR ING H C F PORSCHE AG(DRPRY.US)$ to post revenue
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Porsche participates in the acquisition of Greyhound Bus parent company's equity.
On August 13th, Gelunhui reported that Porsche, the German luxury sports car manufacturer, disclosed that its consortium, along with private equity fund EQT and renowned investor Klaus-Michael Kuehne, acquired a 35% equity stake in Greyhound, a long-distance bus group in the Americas, and Flix's parent company FlixBus in Europe. According to the announcement, the consortium did not mention the price of the transaction, only that the equity is worth tens of millions of euros. EQT announced the acquisition of Flix in July, only mentioning that Kuehne was a partner.
Porsche's Brake Issue Alert - Reportedly Recalls 17,278 Taycan EVs in China
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