18-01-2017 13:00 via news.yahoo.com

German e-car supplier Aumann plans stock market listing - sources

German engineering group Aumann is planning a stock marketlisting as the maker of parts for electric engines seeks cash for its expansion, people close to the matter said. Private equity owner MBB has asked Citi ,Berenberg and Hauck & Aufhaeuser to start with preparations ofan Aumann initial public offering, which may take place as early as April or May and see around 40 percent of Aumann's shares sold, the people added. Analysts at brokerage Equits said in a note last year that Aumann could
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