Volkswagen Group is contemplating a separate itemizing of its Porsche sports activities automobile model in a deal that would increase its valuation, in accordance with folks accustomed to the matter.

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

VW may use any proceeds from an inventory for acquisitions or technological investments, in accordance with the folks.

An inventory of Porsche may happen subsequent 12 months, although no agency timetable has been determined, the folks mentioned.

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

Deliberations are ongoing, and there’s no certainty they are going to result in a transaction, the folks 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 increase 20 billion euros ($24 billion) to 25 billion euros.

Such a transfer, if agreed on, would partially reverse an acquisition concluded in 2012, when VW Group purchased the remaining 50.1 % stake in Porsche’s automotive enterprise for 4.46 billion euros. That step ended a seven-year takeover saga that divided the Porsches and Piechs, two of essentially the most highly effective households in Germany.

The 2 firms agreed to mix in 2009 after Stuttgart-based Porsche racked up greater than 10 billion euros of debt in an unsuccessful try to take over VW.