Explained: The pros and cons of a SPAC listing for Indian firms

By Ranjani Raghavan

  • 26 Mar 2021
Premium
Credit: 123RF.com

The proposed listing of ReNew Power on Nasdaq via a blank cheque firm has opened the door for multiple other Indian firms to explore a similar option. A Special Purpose Acquisition Company or a SPAC is a blank cheque firm floated by a sponsor who raises capital via an initial public ......

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