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)

sources german auto1 lone pine 50m

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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Uzair is a features writer at He is a graduate of Emerson College and recently completed the MFA in writing.

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