Up to 30% of SPAC IPOs could struggle to find an acquisition target, say dealmakers, scuppering a lucrative market for banks that have already hauled in $2.3 billion in fees in 2021, Private Equity News reports. Skeptical investors, longer deal completion times, growing redemptions and a scarcity of funding has slowed the pace of de-SPAC transactions in the past two months, specialist dealmakers told Private Equity News’ sister publication Financial News. Read more.
De-SPAC Hangover Looms for $127B Blank-Check Party: Analysis
