Skip to content
CityAM
Main navigation
Sign Up
  • News
    • Latest News
    • Property
    • Business
    • Media
    • Technology
    • Retail and leisure
    • Transport and infrastructure
    • Law & professional services
    • Legal Notices
    • Banking
    • Politics
    • CFA Institute Talk
    • ICAS Talk
    • Warwick Business School
    • The University of Bath
    • AON
  • Markets & Economics
    • Markets & Economics News
    • Economics
    • Markets
    • Schroders Talk
    • eToro Talk
    • IG Talk
    • M&A Talk
    • BCB Talk
  • Crypto A.M.
    • Crypto News
    • CoinCorner Talk
  • Opinion
    • Features
    • Letters
    • The City View
  • Jobs and Money
    • Jobs and Money News
    • Personal Development
    • Jobs
    • Fintech
    • Money
    • Personal Finance
    • Doceo
    • The Business Guide
    • Finance & Legal
  • Unwind
    • Unwind
    • Sport
    • Six Nations 2022
    • The Punter
    • The Punter Podcast
    • Culture
    • Life & Style
    • Sport Business
    • The Magazine
    • Travel
    • Discover Malta
    • Green Economy
    • The DiverCity Podcast
    • Aramco Team Series
    • Queen’s Award 2022
    • Health, Fitness, and Wellbeing
  • Charity
    • Giving
    • World’s biggest donors 2010 – 2021
  • Latest Paper
  • Jobs

SPAC

  • Richard Branson-backed Spac targets Grove Collaborative in $1.5bn New York IPO deal

    SPAC IPO

    Virgin Group Acquisition Corp, a blank-cheque firm backed by billionaire Richard Branson, has jumped on the eco-friendly product craze and targeted Grove Collaborative in a merger to take the “sustainable consumer goods company” public in a $1.5bn deal. In a transaction that is expected to close in the first or second quarter next year, the [...]

  • Biotech BenevolentAI to make £1.3bn market debut in Europe’s biggest Spac deal

    Life sciences

    British biotech BenevolentAI has today agreed to go public at a €1.5 billion (£1.3bn) valuation in Amsterdam via Europe’s largest-ever merger via a special acquisition company (Spac). BenevolentAI’s deal with Odyssey, a blank cheque company founded by dealmaker brothers Michael and Yoel Zaoui, will allow it to raise €390 million (£332 million) ahead of its [...]

  • Hambro Perks looks to be first out of the gate with £150m London SPAC listing

    London SPACs

    VC firm Hambro Perks has today announced it is targeting a listing of up to £150m in London via a special purpose acquisition vehicle (SPAC), in what could make it the first out of the gate since the City watchdog overhauled blank-cheque listing rules. Hambro Perks Acquisition Company – the name of the SPAC – [...]

  • Ride-hailing firm Gett agrees $1bn SPAC merger with Rosecliff

    November 10, 2021

    Ride-hailing firm Gett enters into a business combination agreement with SPAC Rosecliff Acquisition, valued at $1.1bn.

  • Ackman of Pershings to relaunch SPAC as damage control from investor lawsuit

    August 20, 2021

    In a letter to the shareholders of the largest SPAC to ever hit the market, billionaire fund manager Bill Ackman said on Thursday he will pursue a relaunch of Pershings, following a lawsuit filed this week by an investor. The lawsuit against Pershing Square Holdings (PSTH) was filed by former US Securities and Exchange (SEC) [...]

  • Space SPAC: Seraphim-backed satellite firm Spire makes New York debut

    August 18, 2021

    Space investor Seraphim has announced its portfolio company Spire, which provides satellites for space, has debuted on the New York Stock Exchange after becoming the latest space company to close a merger via SPAC. Spire has merged with special acquisition company NavSight Holdings, which valued the satellite firm at $1.6bn in equity. The new combined [...]

Trending Articles

  • Aviva chair hits back at shareholders following 'inappropriate' comments at AGM

  • Trade war fears grow as Boris Johnson issues final Brexit warning to EU: If Brussels does not give in Britain 'will act'

  • Kremlin coup rumours growing in Moscow: Disgruntled generals join FSB looking to oust Putin and end Ukraine war

  • Ofgem proposes price cap shake-up which could see energy bills rise four times a year

Subscribe

Subscribe to the City A.M. newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • About us
  • Advertising
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • News
  • Markets & Economics
  • Opinion
  • Jobs and Money
  • Unwind
  • Crypto A.M.
  • The Punter
  • COP 26
  • Awards 2019

Follow us for breaking news and latest updates

  • Newsletters
  • Latest paper
  • Advertising
  • CryptoAM.io
  • Awards
  • About
  • Tickets
Copyright 2022 City A.M. Limited