Singapore-Based Carousell Reportedly in $1.5B SPAC Talks

Carousell Pte, a Singapore-based online classifieds marketplace operator, is in talks to go public through a merger with blank-check company L Catterton Asia Acquisition, reports Bloomberg

A transaction could value the combined entity at as much as $1.5 billion. Carousell has entered into exclusive talks with the SPAC, according to the report. Read more.

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