Sources: as German car trading service Auto1 plans its IPO, Sequoia and Lone Pine will each buy €50M shares from existing investors and put €50M+ into its IPO — – Lone Pine also purchases stock from early backer DN Capital — Both funds want to buy more shares in Auto1’s planned IPO
Sources: As German Car Trading Service Auto1 Plans Its IPO, Sequoia And Lone Pine Will Each Buy €50M Shares From Existing Investors And Put €50M+ Into Its IPO (Bloomberg)
By uzair
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uzair
Uzair is a features writer at Cafeer.de. He is a graduate of Emerson College and recently completed the MFA in writing.
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