Latest Breaking News On - Wejo ltd - Page 1 : comparemela.com

BLOOMBERG Wejo Ltd., the British automotive-data startup backed by General Motors, is in talks to go public through a merger with Virtuoso Acquisition Corp., a blank-check firm, people with knowledge of the matter said. Virtuoso is seeking to raise new equity to support a transaction with a combined enterprise value of more than $1 billion, according to one of the people, who asked not to be identified discussing private negotiations. Terms could change and, as with all transactions that aren’t yet finalized, it’s possible the talks could collapse. A representative for Virtuoso declined to comment and Wejo didn’t immediately respond to requests for comment.

United kingdomRichard barlowMichaelo driscollJeffreyd warshawSoftware acquisition group incAcquisition corpOtonomo technologies ltdWejo ltdGeneral motorsVirtuoso acquisition corpHella venturesPlatina partnersJohn maxwellConnoisseur mediaSoftware acquisition groupஒன்றுபட்டது கிஂக்டம்