German diapers retailer windeln.de seeks flotation - sources

German diapers retailer windeln.de is preparing a stock market listing as the internet start-up seeks to tap funds for further expansion, two sources familiar with the deal said. The group has mandated Deutsche Bank, Goldman Sachs and Bank of America Merrill Lynch to organise the IPO, which could take place as early as the first half of 2015, the sources said. Last month, windeln.de closed a financing round in which Goldman Sachs, Deutsche Bank, DN Capital, MCI Management and 360 Capital Partner