India’s most valuable startup, the online education provider Byju’s, is in negotiations with at least three SPACs and is aiming to unveil plans to go public via a merger with one of them in three to four weeks, Bloomberg reports, citing people familiar with the matter.
The SPACs include Michael Klein’s Churchill Capital and Michael Dell’s MSD Acquisition. An additional contender is Harry Sloan, a long-time Hollywood executive who has since become a prolific SPAC investor. A fourth, Altimeter Capital Management is said to be conducting due diligence ahead of any potential offer. Read more.
