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The Porsche IPO marks the largest non-government German IPO in history and the largest IPO in Europe in more than a decade.
The Porsche IPO marks the largest non-government German IPO in history and the largest IPO in Europe in more than a decade.
UniCredit played an important role in the €9.4 billion listing, supporting as a Joint Bookrunner and demonstrating the strength of its distribution power alongside Kepler Cheuvreux and our vast retail, private banking and wealth management networks in Germany, Austria and Italy.
UniCredit’s strategic alliance with Kepler Cheuvreux generated significant additional demand, underlining our extensive distribution power. Despite challenging markets, the extraordinary outcome of the transaction, which priced at the top of the range, is the perfect example of how we can unlock value across our bank’s business lines and geographies.
A conversation with...
Georg Stürzer, Head Advisory Automotive
Why was this IPO so important for the German stock market?
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Georg Stürzer,
Head Advisory Automotive
The Porsche IPO marks the largest non-government German IPO in history and the largest IPO in Europe in more than a decade. The transaction was successful despite a challenging market environment.
A €9.4 billion listing in the difficult 2022 year was certainly not an easy task. Can you share more on how we were able to achieve such a positive outcome?
The market environment was certainly not really supportive. However, UniCredit’s strategic alliance with Kepler Cheuvreux generated significant additional demand, underlining our extensive distribution power.
Despite challenging markets, the extraordinary outcome of the transaction, which priced at the top of the range, is the perfect example of how we can unlock value across our Bank’s business lines and geographies.
Why important was this transaction for UniCredit?
It was extremely important for us as it is an exceptional example how we support our clients. UniCredit played an important role in the €9.4 billion listing, supporting as a Joint Bookrunner and demonstrating the strength of its distribution power alongside Kepler Cheuvreux and our vast retail, private banking and wealth management networks in Germany, Austria, and Italy.
