Europe’s Spac IPO market gathers pace

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By Aidan Gregory
29 Apr 2021

Spac mania is taking off in Europe, with the largest European blank cheque company IPO so far successfully pricing this week, and more deals in the works.

More than $140bn has been raised by Spacs in the US this year, according to Dealogic data. The sheer amount of capital raised is beginning to translate into big ticket mergers, such as the recently announced takeovers of Grab, Cazoo and Betway.

So far, the action has mostly ...

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