BERLIN (Reuters) - Volkswagen Chief Financial Officer Arno Antlitz would not comment on what the valuation of a Porsche listing would be, adding that he expected huge interest from the market.
The funds will give the carmaker more flexibility on when to bring in external partners to help fund electrification, he added, as well as more flexibility on when the carmaker could list its battery division Powerco, a move he did not rule out.
(Reporting by Victoria Waldersee, Writing by Miranda Murray, Editing by Madeline Chambers)
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Dr. Arno Antlitz is a Chief Financial Officer at AUDI AG and a Chairman -Supervisory Board at VOLKSWAGEN FINANCIAL SERVICES AG. Dr. Antlitz was previously employed as an Associate Principal by Mckinsey & Co., Inc. (Germany). He received his doctorate degree from WHU-Otto Beisheim School of Management.
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Volkswagen Financial Services AG
 Volkswagen Financial Services AG Finance/Rental/LeasingFinance VOLKSWAGEN FINANCIAL SERVICES AG engages in the provision of automotive financial services. It operates through the following segments: Banking, Leasing, Insurance and Service, Mobility, and Payment. The Banking segment comprises retail financing, wholesale financing, as well as factoring and deposits. The Leasing segment offers finance lease and operating lease. The Insurance and Service segment includes motor and telematics, warranty, commercial lines, full and limited maintenance, tires, as well as service and inspection. The Mobility segment focuses on fleet, rental, parking, as well as charge and fuel. The Payment segment specializes in in-car payment, mobile payment, and wallet. The company was founded in 1994 and is headquartered in Braunschweig, Germany. | Chairman |
| VOLKSWAGEN AG | Director of Finance/CFO |
