Reported 25 days ago
German online auto parts dealer Autodoc SE has enlisted banks including Barclays, Citigroup, Deutsche Bank, and Jefferies to prepare for a potential initial public offering (IPO) in Frankfurt, several years after a previous attempt. The IPO could take place next year, though its valuation may be lower than the €10 billion it sought in 2021. Autodoc, which reported €1.3 billion in revenue in 2023 and operates across Europe, has more than seven million active customers.
Source: YAHOO