The SPAC backed by Martin Blessing, a former CEO of Commerzbank, will merge with Dutch digital entertainment company Azerion Holding BV, Bloomberg reports.
The deal with Blessing’s EFIC1 values Azerion at about 1.3 billion euros ($1.5 billion), the two companies said in a statement. The company will rename as Azerion Group NV and start trading on the Amsterdam stock exchange in February. Read more.