Former KKR dealmaker’s SPAC to raise $500 million in U.S. IPO

Former KKR dealmaker’s SPAC to raise $500 million in U.S. IPO

A blank check company backed by former KKR & Co Inc dealmaker Jim Momtazee said on Tuesday it plans to raise $500 million in its initial public offering. The blank check company called Montes Archimedes Acquisition Corp will list about 50 million units at an...
Parma football club poised for sale to America’s Krause family

Parma football club poised for sale to America’s Krause family

The US billionaire Krause family is nearing an agreement to acquire a majority stake in Italian football club Parma, in a move that would make it the latest American investor in Serie A.  A deal valuing the club at more than €100m could be reached by the end of the...
Poland’s answer to Amazon seeks record ecommerce IPO

Poland’s answer to Amazon seeks record ecommerce IPO

Allegro, the leading Polish ecommerce company backed by Cinven and Permira, is planning to go public in what will be the country’s largest-ever ecommerce listing. The company, which will list on the Warsaw Stock Exchange (GPW), is seen as a rival to the likes...
Blank check IPOs in Europe show signs of life

Blank check IPOs in Europe show signs of life

Europe has missed out on the wave of initial public offerings of so-called blank check companies, one of the drivers of equity markets activity in the US this year. To help address this dearth, the London Stock Exchange is reviewing ways to ignite its market for such...