sources: As German auto trading service Auto1 is preparing their IPO, Sequoia and Lone Pine will each purchase EUR50M shares from investors already in the market and invest EUR50Mplus into its IPO —- Lone Pine also purchases stock from the early investors DN Capital — Both funds are looking to purchase more shares as part of Auto1’s scheduled IPO
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About the Author: uzair
Uzair is a features writer at Cafeer.de. He is a graduate of Emerson College and recently completed the MFA in writing.