Despite Europe arriving just as Wall Street’s SPAC fever began to cool, some European vehicles found merger targets. The region’s supporting role, however, has not allowed it to escape the market’s hangover as interest rates rise, regulatory scrutiny intensifies and investors grow warier, the Financial Times reports.
Of the 66 Spacs that listed in Europe since the start of 2020, just 13 have found a company to merge with, according to Dealogic. Of those deals, eight have completed. Read more.
