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chinchillx
2021-12-30

Sg in the spac bizness lolololol

Tikehau Capital Said to Get Nod for SPAC Listing in Singapore

European asset manager Tikehau Capital SCA has received an eligibility-to-list letter from the Singa

Tikehau Capital Said to Get Nod for SPAC Listing in Singapore

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The sponsor group will invest S$62 million ($46 million) in the vehicle and is seeking to raise at least S$150 million in the initial public offering, the person added.Tikehau’s approval, which was reported by the Edge earlier on Thursday, follows that for Temasek Holdings Pte-backed Vertex Venture Holdings Ltd., which got the ETL letter on Dec. 24. The firms are among the first wave of sponsors looking to list blank-check companies in the city-state after it rolled out a framework in September.Tikehau has experience launching SPACs, recentlyraisingEU210 million ($238 million) for Pegasus Entrepreneurs in Europe. It has also worked with ex-UniCredit SpA Chief Executive Officer Jean Pierre Mustier and Arnault to list Pegasus Acquisition Co. 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