Live Breaking News & Updates on Bloomberg Vista Global Holding Ltd

Private Jet Operator Vista Global Holds SPAC Merger Talks
This content was published on June 9, 2021 - 08:37
June 9, 2021 - 08:37
(Bloomberg) Vista Global Holding Ltd., a private aviation provider that competes with Warren Buffett’s NetJets, is in talks to go public through a merger with a special purpose acquisition company, according to people familiar with the matter.
A transaction could value Vista at more than $10 billion including debt, said the people, who asked not to be identified because the information is private.
The company has projected 2021 earnings before interest, taxes, depreciation and amortization of about $450 million, a person briefed on the matter said. Terms of a potential deal haven’t been finalized, and the identity of the blank-check firm in talks with Vista couldn’t immediately be learned. ....

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