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What are SPACs?

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What are SPACs?

Y
Yahoo UK

1,298 Views • Mar 16, 2021

Description

SPACs — also known as 'blank cheque' companies — are one of the hottest trends in global finance. SPACs raised $80bn in the US last year and the market has only grown since then. Now Britain wants to get in on the action. Here's everything you need to know.