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

Source / Techmeme