UPDATE 1-MTU IPO significantly oversubscribed -sources


(Adds background, quote) FRANKFURT, May 31 (Reuters) - The initial sale of shares in German aircraft engine maker MTU is significantly oversubscribed, including a greenshoe option, sources familiar with the matter told Reuters on Tuesday. MTU plans to offer 35.6 million shares in its initial public offering (IPO) on June 6, including the greenshoe overallotment option, for a price between 19 to 22 euros each that values the company as high as 1.2 billion euros ($1.48 billion). "We're ...

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