Billionaire Richard Branson is set to launch his first European blank-check company on the Amsterdam stock exchange in the next few months, Sky News reported on Friday, as the British businessman taps investors for takeover targets.
The tycoon aims to list the special acquisition company, or SPAC, on Amsterdam's Euronext stock exchange instead of the bourse in London, where his Virgin Group empire is based, theAmsterdam was Europe's top share trading venue in 2021, although British regulators haveRegister now for FREE unlimited access to Reuters.comBranson's blank-check company initially aims to raise 200 million euros , the Sky News report said.
Virgin Group said it did not comment on "rumour or speculation". Euronext Amsterdam said it did not comment on potential issuers on its markets.from what was described as a mild case of COVID-19, has used SPACs elsewhere.
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