German classifieds group Scout24 says to list shares this year

September 7, 2015 6:16 AM

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FRANKFURT, Sept 7 Germany's biggest digital classifieds group Scout24 has revived last year's listing plans and aims to debut on the stock market this year, it said on Monday.

As part of the listing, Scout24 expects to issue new shares worth at least 200 million euros ($223 million) to reduce its debt while current shareholders will put some of their shares on the market, the company said in a statement.

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