Hints and tips:
...Biden last month objected to the acquisition, saying it was “vital” that US Steel remained domestically owned and operated....
...Milton’s tenure at Nikola saw the company list shares through a merger with a special purpose acquisition company backed by Girsky at the height of the blank-cheque company boom....
...peter.campbell@ft.com...
...This business is aiming to merge with L Catterton Asia Acquisition Corp, a special purpose acquisition vehicle, or Spac, listed on the Nasdaq exchange and founded by LVMH-backed investment group L Catterton...
...The carmaker expects to list shares through a reverse merger with LVMH-backed investment group “L Catterton Asia Acquisition Corp” by the end of the year....
...Players continue to flock to GTA V a decade after it was first released, thanks to a steady stream of new content and add-ons from its developer, Rockstar....
...June 20 to September 8; further information and tickets here ‘Naomi’, V&A South Kensington An ode to the life and work of supermodel Naomi Campbell....
...The merger announced on Tuesday will be between Lotus Technology, which has a plant in China and plans to make electric SUVs, and L Catterton Asia Acquisition Corp (LCAA), a special purpose acquisition vehicle...
...Arrival announced it would merge with Kensington Capital Acquisition Corp V, another blank cheque company. Arrival may survive to commercialise its delivery van....
...Arrival’s deal with Kensington Capital Acquisition Corp V values the company at $524mn....
...When Vicki Hollub flew Occidental Petroleum’s Gulfstream V jet to Omaha for a meeting with billionaire investor Warren Buffett in April 2019, she needed cash to place a bet....
...Arrival is merging with Kensington Capital Acquisition Corp V, paying a huge premium in order to add $300mn to its balance sheet. It is a desperate move that is unlikely to trigger a Spac revival....
...Of those businesses (which included companies such as Sysco, Oracle, Fox, Campbell Soup, Clorox, Seagate Technology, News Corp and Tyson), ten had annual interest expenses that were already more than 10...
...The best performer was British quantum encryption company Arqit, whose shares have doubled since its deal with Centricus Acquisition Corp, followed by electric vehicle company Lucid Motors which merged with...
...The truckmaker’s shares rose steadily since listing in the summer through a combination with a special purpose acquisition company, a move that allowed it to sidestep a traditional initial public offering...
...IV, the special purpose acquisition company managed by former Citigroup investment banker Michael Klein....
...(Though the Spac in question, Digital World Acquisition Corp, has yet to file its S-4 with US regulators)....
...Data visualisation by Chris Campbell...
...“There’s been some dampening of enthusiasm for companies that go public through a special purpose acquisition merger,” he told the FT, adding that Nikola would still look to tap investors this year, “if...
...Campbell has already taken charge of strategically important transactions, including the acquisition of Western Power Distribution, the UK’s biggest local electricity network company, from US utility PPL...
...Nikola also restated its 2020 earnings after the US securities regulator changed accounting rules for companies that go public using special purpose acquisition companies, or Spacs....
...The California company, which is majority owned by Saudi Arabia’s sovereign wealth fund, will combine with Churchill Capital IV, the fourth of Klein’s special purpose acquisition companies, which raised...
...Just under an hour ago, at US market open, Arrival, a London-based pre-revenue electric van maker, merged with special purpose acquisition vehicle CIIG Merger Corp to list on the Nasdaq....
...He hasn’t announced a blank-cheque deal since January, when his Social Capital Hedosophia Holdings Corp V announced a tie-up with the digital lender SoFi....
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