Investing.com -- Private equity firms Permira and Blackstone (NYSE: BX ) are contemplating a multi-billion-euro initial public offering (IPO) for Mobile.de, a German online auto marketplace, according to a report by Reuters.

Mobile.de is a subsidiary of Adevinta, a Norwegian corporation that was taken private in a $13.1 billion buyout in 2023. The buyout was led by Permira and Blackstone, who are currently the main equity shareholders.

The firms have been in discussions with advisers about a potential listing in 2026, said two of the sources. One of them hinted that the company could be valued at as much as 10 billion euros ($10.42 billion). Another source suggested that the listing is likely to occur in Frankfurt.

However, these discussions are in the preliminary stages and might not necessarily result in a transaction, Reuters cautioned.

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