The Dutch city, home to the world’s oldest stock exchange, has hosted 20 IPOs so far in 2021 for its highest-ever haul of 10.4 billion euros ($11.7 billion), Bloomberg reports. A majority have involved SPACs.
Businesses have flocked to Amsterdam as it usurped London as Europe’s premier trading center post-Brexit. The Dutch exchange also attracted more SPACs than any other venue in the region, thanks to benign regulations and a deep pool of investors.
The latest is European Healthcare Acquisition & Growth Co BV, which made its debut yesterday. A total of 13 SPACs have listed in Amsterdam this year, including from big-name sponsors like UniCredit SpA’s former CEO Jean Pierre Mustier and billionaire Bernard Arnault. Read more.
