UPDATE 1-Hapag-Lloyd picks banks for planned IPO - sources
* Deutsche Bank, Goldman Sachs, Berenberg to lead IPO - sources
* Flotation could value Hapag at more than 5 bln eur - Dow Jones
* IPO could take place as early as autumn - Dow Jones (Adds background)
By Arno Schuetze and Alexander Hübner
FRANKFURT, July 15 (Reuters) - German container shipping group Hapag-Lloyd is speeding up preparations for an initial public offering (IPO) and has picked Deutsche Bank, Goldman Sachs and Berenberg to lead the transaction, two people familiar with the matter said.
A flotation of a minority stake could value the world's fourth-largest shipping group at more than 5 billion euros ($5.5 billion) and could take place as early as autumn, Dow Jones reported earlier on Wednesday.
Hapag Lloyd and the banks declined to comment.
When it announced its merger with the container shipping activities of Chilean rival Vapores last year, Hapag-Lloyd said it would seek to list on the stock exchange.
But CEO Rolf Habben Jansen said in May a flotation was more likely after 2015. Continuación...