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German online car trading service Auto1 plans to raise $1.2B in an IPO on Frankfurt Stock Exchange, aims to go public in first quarter (Sam Shead/CNBC)

Sam Shead / CNBC:

German online car trading service Auto1 plans to raise $1.2B in an IPO on Frankfurt Stock Exchange, aims to go public in first quarter  —  – German online car trading platform Auto1 on Wednesday announced it is planning to list on the Frankfurt Stock Exchange in the first quarter of 2021.