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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)


Bloomberg:

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


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