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Web Doctor Babylon Is Said to Near $3.5 Billion SPAC Deal


Web Doctor Babylon Is Said to Near $3.5 Billion SPAC Deal
Bloomberg
53 mins ago
© Source: play.google.com
Web Doctor Babylon in Talks to List Via Ex-Groupon CEO SPAC
(Bloomberg) Babylon, the medical startup that connects patients and doctors via an app, is close to agreeing a deal to go public in a merger with blank-check company Alkuri Global Acquisition Corp., according to people familiar with the matter.
Talks between Babylon and Alkuri, which is run by former Groupon Inc. executives, are in the advanced stages and a deal could be announced as soon as next week, the people said, asking not to be identified discussing confidential information. ....

New York , United States , Alec Gores , Tidjane Thiam , Steve Krenzer , Sultan Almaadeed , Rich Williams , Klaus Kleinfeld , Alkuri Global Acquisition Corp , Groupon Inc , Freedom Acquisitioni Corp , Credit Suisse Group , Qatar Investment Authority , Web Doctor Babylon , List Via Ex Groupon , Bloomberg News , Suisse Group , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , அலெக் கோர்ஸ் , பணக்கார வில்லியம்ஸ் , கிளாஸ் க்ளீன்ஃபெல்ட் , சுதந்திரம் கார்ப் , கடன் ஸ்யூயி குழு , கத்தார் முதலீடு அதிகாரம் , ப்ளூம்பெர்க் செய்தி ,

Why SPACs aren't targeting African startups – TechCrunch


Why SPACs aren’t targeting African startups
One. That’s the number of African tech companies that have gone public on the NYSE in the last 10 years. Two, if you’re counting local exchanges. The former is African-focused e-commerce company Jumia and the latter is Egyptian fintech company Fawry.
As a tech company, Fawry’s listing on the Egyptian Stock Exchange is a rarity. Typically, most exchanges in emerging markets like Africa, India, and Latin America are filled with traditional companies in age-old sectors like banking, telecoms, manufacturing, and energy.
Unlike Fawry, what you see these days are new-age tech companies from these markets going public abroad, especially in the U.S. Due to the friendly nature of U.S. exchanges such as Nasdaq and the NYSE, and their history building up the FAANG and other multibillion-dollar companies, they have become the top destination for IPO-ready companies in emerging markets.  ....

United States , Uttar Pradesh , Iyinoluwa Aboyeji , Jeremy Johnson , Richard Branson , Tidjane Thiam , Eghosa Omoigui , Freedom Acquisitioni Corp , Egyptian Stock Exchange , Latin America , Chamath Palihapitiya , Future Africa , Saharan Africa , Gro Intelligence , ஒன்றுபட்டது மாநிலங்களில் , உத்தர் பிரதேஷ் , ஜெர்மி ஜான்சன் , ரிச்சர்ட் பிரான்சன் , சுதந்திரம் கார்ப் , எகிப்தியன் ஸ்டாக் பரிமாற்றம் , லத்தீன் அமெரிக்கா , க்ரோ உளவுத்துறை ,

Kering Founder Becomes Latest Luxury Tycoon to Plow Into SPACs

(Bloomberg) Francois Pinault, the billionaire founder of luxury conglomerate Kering SA, has emerged as the latest French tycoon to plow into the booming SPAC world.Pinault, 84, bought a stake in former Credit Suisse Group AG Chief Executive Officer Tidjane Thiam’s blank-check firm, a spokeswoman for the businessman’s holding company confirmed in response to Bloomberg queries. The investment in Freedom Acquisition I Corp. was made in Pinault’s personal capacity.Freedom Acquisition started trading in the U.S. at the end of February, raising $345 million after Thiam increased the size of the transaction. The offering recorded an oversubscription level in the mid-teens, people with knowledge of the matter said. About one-third of the deal went to family offices, one of the people said, asking not to be identified because the information is private.Units of Freedom Acquisition were unchanged at $10.10 at the close Wednesday in New York. Thiam has been on the board of ....

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