LVMH’s L Catterton bags $250m from Asia Spac IPO

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LVMH’s L Catterton bags $250m from Asia Spac IPO

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Shopping cart filled with one hundred dollar bill rolls, shallow depth of field, color toning applied. | Photographer: Maciej Bledowski/MaciejBledowski - stock.adobe.com

L Catterton Asia Acquisition Corp has bagged $250m from its Nasdaq IPO, as it becomes the latest special purpose acquisition company (Spac) focused on Asia to list in the US.

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