Investment Banking

European Spac market thaws with £125m Disruptive Capital listing

The first European blank cheque company since July has been priced

This is the first Spac IPO on Amsterdam's Euronext exchange since July
This is the first Spac IPO on Amsterdam's Euronext exchange since July Photo: AFP/ Getty Images

A £125m blank-cheque company listing in Amsterdam is unfreezing the European Spac IPO market, which has not seen a deal since July despite ongoing expectations that the boom will move across the pond from Wall Street.

Disruptive Capital Acquisition Company unveiled its plans to list a £125m ($170m) special purpose acquisition company on Amsterdam's Euronext exchange on 7 October. This is the first European Spac since the $325m Paris listing of IP2O in July by ex-Lazard dealmaker Matthieu Pigasse and former WarnerMedia president, Iris Knobloch, which is targeting investments in entertainment.

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