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Schmid Group, founded 158 years ago, agrees to go public via SPAC

German family-owned Schmid Group aims for SPAC listing on NYSE

FRANKFURT : Germany's Schmid Group said on Wednesday it plans to list in New York via a special purpose acquisition company (SPAC), in a deal estimated to give the technology firm a valuation of $640 million.The fifth generation family-owned business, which specialises in electronics, would become a publi

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