Sources: as German car trading service Auto1 plans its IPO, Sequoia and Lone Pine will each buy ~€50M in shares from existing investors and put €50M+ in its IPO (Blomberg)

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By Alice

Sources: as German car trading service Auto1 plans its IPO, Sequoia and Lone Pine will each buy ~€50M in shares from existing investors and put €50M+ in 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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