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London hits the SPAC scene

Is late better than never? New UK exchange rule changes are creating room for European SPAC deals just as the sensation fades in the US.

"What’s been going on in the States is almost a bubble...The number of Spacs will decline, but the UK’s listing rule changes will put Britain on a more level playing field [with the US]," said Linda Main, head of KPMG capital markets.

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spac, europe, london