Deutsche launches Eu275m IPO of takeover vehicle

Deutsche Bank has launched the Eu275m IPO of a special purpose acquisition vehicle named Germany1, the second largest deal of its kind in Europe. Germany1 plans to buy at least one business for Eu1bn-Eu3bn that has its main operation in Germany, Austria or Switzerland. Liberty International Acquisition, a similar blank cheque company, raised Eu600m by listing in Amsterdam in February. What is driving this new trend, and how receptive will investors be? Read EuroWeek on Friday to find out.