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German online car retailer Mobility plans stock market float: sources - Vimarsana News

German online car retailer Mobility plans stock market float: sources

By Reuters Staff 1 Min Read FRANKFURT (Reuters) - German online car retailer and leasing firm Mobility Holding known for the MeinAuto.de site is preparing for a stock market flotation that could value it at 1.3-1.4 billion euros ($1.6-1.7 bln), including debt, people close to the matter said. Mobility would be the second online car retailer to list in Frankfurt in the first half of this year. But while Auto1 - which launched its initial public offering last week - focuses on used cars, Mobility sells and finances new cars. Private equity firm Hg acquired Mobility Concept from Unicredit Leasin...