L Catterton’s Asia unit eyes $250m Spac

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By Jonathan Breen
23 Feb 2021

L Catterton Asia Acquisition Corp, a special purpose acquisition company (Spac), is planning a $250m IPO, according to a filing with the US regulator.

The Spac, a so-called blank cheque company, is backed by the Asia arm of private equity firm L Catterton. It is floating 25m units at $10 apiece. Each unit includes one class A ordinary share and a third of a warrant. One warrant can be used to buy ...

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