Volkswagen Group is contemplating a separate itemizing of its Porsche sports activities automobile model in a deal that would enhance its valuation, in response to individuals accustomed to the matter.

VW is talking with advisers to check the deserves of a possible preliminary public providing or spinoff of Porsche, the individuals mentioned, asking to not be recognized discussing confidential info.

VW might use any proceeds from an inventory for acquisitions or technological investments, in response to the individuals.

An inventory of Porsche might happen subsequent yr, although no agency timetable has been determined, the individuals mentioned.

VW plans to maintain a majority stake if it pursues an IPO of the enterprise, in accordance the individuals.

Deliberations are ongoing, and there’s no certainty they may result in a transaction, the individuals mentioned. VW declined to remark.

Citing firm insiders, Manager Magazin reported earlier Thursday that VW is weighing an inventory of Porsche in a transfer that would elevate 20 billion euros ($24 billion) to 25 billion euros.