Hong Kong Buyout Firm EmergeVest Plans $250 Million SPAC

Hong Kong Buyout Firm EmergeVest Plans $250 Million SPAC

Hong Kong-based private equity firm EmergeVest is planning to raise $250 million through a special purpose acquisition company in the U.S., people with knowledge of the matter said. EmergeVest is working with Credit Suisse Group AG on the proposed SPAC listing, said...
Hony Capital-backed SPAC looks to raise $300 mln in U.S. IPO

Hony Capital-backed SPAC looks to raise $300 mln in U.S. IPO

A blank-check firm backed by Hony Capital, which has investments in TikTok owner ByteDance and WeWork’s China unit, is aiming to raise $300 million in an U.S. initial public offering, according to a regulatory filing on Wednesday. Hony Capital Acquisition Corp, the...