French hotel company Accor is weighing listing a SPAC that could target a deal in sectors including lifestyle and leisure, Bloomberg reports, citing people familiar with the matter.
Accor is speaking with advisers about listing a SPAC in Europe as soon as this year, the people said, asking not to be identified as the details aren’t public. Accor is considering raising 200 million euros ($244 million) to 300 million euros, one of the people said.
Deliberations are ongoing and the size of the SPAC will be determined by investor appetite, according to the people. A representative for Accor declined to comment. Read more.
