Momentum builds for AUTO1 IPO ahead of bookbuild

Auto1_logo_adobe_575x375_Jan13
By Sam Kerr
22 Jan 2021

Books are set to open on the IPO of AUTO1, the online marketplace for second hand cars, next week with the deal garnering good momentum in the pre-deal education process, according to sources close to the deal.

The company, which provides a platform through which consumers and professional dealers can buy and sell used cars online, is seeking to list in Frankfurt.

Management and banks have been in virtual meetings with investors since last week in a packed investor education process and sources close to ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial

Want to learn more? View subscription options