Apollo Global Management plans to list a blank-check company in Amsterdam that could raise about 400 million euros ($473 million) for acquisitions, Bloomberg reports, citing people familiar with the matter.
The alternative asset manager is said to be working with STJ Advisors on the listing, which could take place in the coming months, the people said, asking not to be identified as the details aren’t public. Credit Suisse Group AG and JPMorgan Chase are leading the IPO, the people said.
While the SPAC will have a broad mandate to invest across sectors, it may consider deals in technology, industrials and financial services, one of the people said. Read more.
