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EquityEquity IPOs

Europe hopes Niel’s new Spac will lead issuance wave

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A new special purpose acquisition company (Spac) founded by three celebrated French investors has prompted hopes that more deals will follow in Europe next year. Spacs have been one of the most talked-about aspects of the global equity capital markets, particularly in the US, where more than $65bn has been raised through Spacs this year, according to Dealogic.

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