--Volkswagen is preparing plans to carve out Lamborghini, which could see the luxury sports-car brand being listed on the stock market in the future, reports Reuters, citing two sources familiar with the matter.

--Timetable and details of any potential deal are still unclear but if Volkswagen were to list Lamborghini, it would keep a controlling stake, Reuters reports.

--Volkswagen declined to comment.

 

Full story: https://reut.rs/3cLgfw1

 

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(END) Dow Jones Newswires

October 01, 2020 10:04 ET (14:04 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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