Autodoc Said to Seek Up to $12 Billion Value in Frankfurt IPO
- Car-parts dealer close to appointing Goldman, JPM for listing
- Company among a number of German names looking to go public
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Autodoc could seek a valuation of as much as 10 billion euros ($11.9 billion) in an initial public offering in Frankfurt, according to people familiar with the matter.
The German online car-parts dealer is close to appointing banks including Goldman Sachs Group Inc. and JPMorgan Chase & Co. as it proceeds with plans for a listing, the people said, asking not to be identified discussing confidential information.