You wait three months for a European special purpose acquisition company (Spac) listing and then, like London buses, two turn up in quick succession.
On October 7, shares in Disruptive Capital Acquisition Corp (DCAC) – which is led by Edmund ‘Edi’ Truell and targets legacy pensions, insurance, asset management or related financial business in Europe – began trading on Amsterdam.
On October 14, GFJ ESG Acquisition SE, led by Gisbert Rühl, former chief executive of steel company Klöckner & Co, launched a €150 million placement of shares on the Frankfurt Stock Exchange and began hunting for a European tech company focused on supporting decarbonization.
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