AutoScout24 auction draws interest from PE firms, Auto1: Reuters

Scout24’s sale of AutoScout24 has attracted private equity firms and Auto1, Reuters reported. Permira, Apax, Carlyle and Hellman & Friedman are among those expected to hand in first-round bids of between 2 billion and 2.3 billion euros ($2.2 billion-$2.5 billion), the story said. AutoScout24 is Germany’s No.2 used-car classifieds platform.