5 world market themes for the week aheadThe China Evergrande Group saga moves into the next stage after ratings agency Fitch calls a default. Plus: Is SPAC-mania back from the dea...
11 Dec, 2021, 02.18 PM IST
IPOs in a structural mega window, expect a repeat in 2022: Sumit Jalan, Credit Suisse"India is a beneficiary of “two mega windfalls” at the same time: ample global liquidity and the shifting of that liquidity away from China...
24 Sep, 2021, 03.56 PM IST
Forbes to go public via $630 mln SPAC merger to expand consumer businessForbes, one of the oldest media outlets in the United States, will merge with Hong Kong-based Magnum Opus Acquisition Ltd, a SPAC led by Jo...
27 Aug, 2021, 08.53 AM IST
Sebi plans to come out with framework for SPACsUnder the framework, Sebi may put in place a separate set of regulations on SPAC, whereby detailed listing rules would be provided for such...
24 Jun, 2021, 12.56 PM IST
US IPOs hit annual record in less than 6 monthsWith more than six months until the year ends, U.S. initial public offerings have already totaled $171 billion, eclipsing the 2020 record o...
16 Jun, 2021, 10.14 AM IST
SPAC mania gives way to ‘meh’ as ETFs drop toward all-time lowsThe Defiance Next Gen SPAC Derived ETF (SPAK) plunged as much as 4.1 per cent on Tuesday, extending its year-to-date losses at one point to...
12 May, 2021, 11.26 AM IST
Warren Buffett calls SPACs a ‘killer,’ make Berkshire less competitive“It’s a killer,” Warren Buffett said about the influence of special purpose acquisition companies on Berkshire’s ability to find businesses...
02 May, 2021, 03.06 AM IST
IPO boom prompts ICICI Bank to hire more investment bankersThe new roles will be concentrated in sectors such as technology and health care, Ajay Saraf said.
20 Apr, 2021, 07.16 AM IST
SPACs: The devil lies in the structureSPAC IPO investors tend to be a group of very savvy hedge funds, sometimes referred to as the “SPAC Mafia”, and other large institutional i...
12 Apr, 2021, 05.37 PM IST
US regulator opens inquiry into Wall Street's blank check IPO frenzy: SourcesThe US Securities and Exchange Commission (SEC) in recent days sent letters to Wall Street banks seeking information on their special purpo...
25 Mar, 2021, 10.54 PM IST
Why India needs to look before it leaps on the SPAC bandwagonThese ‘blank cheque companies’ have no business plans except to acquire a private company using money raised from an IPO, thereby enabling ...
22 Mar, 2021, 11.34 PM IST
The rise of blank cheque companies: It's about time the government sat up and took noteSpacs are investment vehicles that raise capital from investors in an IPO to invest or acquire a target, which is generally not identified ...
22 Mar, 2021, 11.21 PM IST
Former Commerzbank CEO launches fintech SPAC in AmsterdamThe European FinTech IPO Company 1 is planning to raise up to 415 million euros and seeking an investment target in financial services and ...
15 Mar, 2021, 03.56 PM IST
Global IPO market eyes record first quarter even as SPACs falterA record $162.4 billion has been raised by more than 600 issuers in 2021, the most ever at this point in the year, data compiled by Bloombe...
13 Mar, 2021, 04.33 PM IST
Sorry folks, the SPAC party's overEven with prices crashing, SPACs have so far been able to keep raising capital. However, their IPOs are no longer massively oversubscribed
08 Mar, 2021, 03.45 PM IST
View: Can Masa Son outshine SPAC superstar Chamath Palihapitiya?SoftBank managed to raise only $600 million last year in the US SPAC boom. Chamath Palihapitiya, a venture capitalist and social influencer...
04 Mar, 2021, 07.31 PM IST
View: The IPO rush in the US illustrates the capital opportunity the government of India is wastingThere is a mass of capital out there hungry for profitable deployment and raring to finance infrastructure and revive growth in India, if o...
25 Sep, 2020, 06.07 PM IST