Klaus Hommels' Spac raises €275m

Aidan Gregory

February 19, 2021 11:00 AM

Frankfurt_Stock_Exchange_PA_575_375 — (210213) -- BEIJING, Feb. 13, 2021 (Xinhua) -- Photo taken on Oct. 28, 2020 shows the Bull and Bear statues outside the Frankfurt Stock Exchange in Frankfurt, Germany. The Chinese zodiac is represented by 12 animals to record the lunar years and reflect people's attributes. The year 2021 is the Year of the Ox according to the Chinese zodiac. (Xinhua/Lu Yang) | Lu Yang/Xinhua News Agency/PA Images

Lakestar Spac I, a new special purpose acquisition company backed by German venture capitalist Klaus Hommels, has priced its IPO on the Frankfurt Stock Exchange, raising €275m.

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Topics

Deutsche Bank JP Morgan Morgan Stanley Equity IPOs Germany Equity Europe EMEA

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Aidan Gregory