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ReNew Power Announces Filing of a Public Proxy Statement/Prospectus on Form F-4 in Connection With Its Proposed Business Combination with RMG Acquisition Corp. II

ReNew Power Announces Filing of a Public Proxy Statement/Prospectus on Form F-4 in Connection With Its Proposed Business Combination with RMG Acquisition Corp. II
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

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Goldman-backed ReNew Power agrees to merge with RMG II SPAC

Goldman-backed ReNew Power agrees to merge with RMG II SPAC
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(Photo: Mint)
. Updated: 24 Feb 2021, 05:40 PM IST Bloomberg
The deal will give Goldman Sachs -backed ReNew an enterprise value of $8 billion and will close in the second quarter, according to a statement
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ReNew Power, India’s biggest renewable power producer, has agreed to merge with blank-check company RMG Acquisition Corp. II.
The deal will give Goldman Sachs Group Inc.-backed ReNew an enterprise value of $8 billion and will close in the second quarter, according to a statement published Wednesday.
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Goldman-backed ReNew Power to list on NASDAQ at $8 billion valuation

Goldman-backed ReNew Power to list on NASDAQ at $8 billion valuation
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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RMG Corp: ReNew Power poised to merge with US SPAC RMG Corp for $4.4 billion

RMG Corp: ReNew Power poised to merge with US SPAC RMG Corp for $4.4 billion
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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SPACs sound arcane, but make buckets of money for Indy investors - Indianapolis Business Journal

SPACs sound arcane, but make buckets of money for Indy investors
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Novus Capital Corp. agreed to buy Kentucky-based AppHarvest in September. The indoor-farming company lost $8.1 million in the first nine months of 2020 but reached a milestone this week when it began shipping its first harvest of beefsteak tomatoes to grocers. (AP photo)
A nontraditional way to take companies public is booming on Wall Street and making bucketsful of money for some Indianapolis businesspeople engineering the deals.
That certainly applies to the roughly 20 founders of Indianapolis-based Novus Capital Corp., including Chairman Bob Laikin, who collectively have paper profits of $122 million since creating their business in March. ....

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