The in Eastern Ukraine Ap International group of observers there holding captive include soldiers and finds the organization for security and cooperation in europe as the negotiators to slow the chance to try and secure their teams relief russia has also said it will help free the observers but the fact that if they arent backing down. Well talk to our correspondent in ukraine in a moment but first we have this report these moms are russian gunman appeared to have no intention of touching the osce observers to commence they say theres a prisoner swap the separatists being held by ukraine. Today claiming bank kept its well working and spines. They have no relation to any osce mission. As we found maps on them containing information about the location about checkpoints. We get the impression that the officers carrying on a spying Mission Giving me the thing is still moving the thirteen man but gemini a team of men that its athens was traveling under the auspices of the ict when they were
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India-related SPAC raises $170mn on Nasdaq
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India-related SPAC raises $170mn on Nasdaq
TNN / Jun 15, 2021, 05:49 IST
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BENGALURU: Private equity veteran Rohan Ajila and Manipal Technologies chairman Gautham Pai’s consumer sector focused SPAC (special purpose acquisition company) has raised $170 million in an IPO in the US. This probably marks the first fund raise by an India-related SPAC.
The SPAC, called Global Consumer Acquisition Corp (GCAC), is listed on Nasdaq. SPACs, also known as blank-cheque companies, are shell companies that launch IPOs with a promise to invest in or acquire a company within a set timeline – normally18 to 24 months. SPACs have become extremely popular among investment firms and startups over the past two years.
Shibasish Sarkar-led International Media Acquisition Corp targets acquisitions
By IANS |
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New Delhi, April 8 : International Media Acquisition Corp led by Shibasish Sarkar is focussing on investments across the media, entertainment, and related technology markets.
In a SEC filing, the company said it intends to target an initial business combination with the target company having an enterprise value of between $150 million and $500 million.
The team includes two current and one former senior executives from Reliance Entertainment Holdings Private Limited, AP International Group and Walt Disney Company India, respectively. Shibasish Sarkar, is Chairman of the Board and Chief Executive Officer, Sanjay Wadhwa, our Director and who will serve as strategic advisor as of the effective date of the registration statement, and Vishwas Joshi, Chief Financial Officer, collectively hold decades of operational experience at the aforementioned companies.
Reliance Entertainment CEO Shibashis Sarkar forms SPAC, files for $230 million IPO in US
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The company, International Media Acquisition Corp (IMAC), has filed for a $230 million (Rs 1,715 crore) initial public offering in the US and listing on the Nasdaq. The US Securities and Exchange Commission has approved its proposal.
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Sarkar, who has more than 27 years of experience in the media industry, is the chairman and CEO of IMAC.
Shibashish Sarkar, the group chief executive of Reliance Entertainment, has set up a special purpose acquisition company (SPAC) also known as a blank check company to explore acquisition opportunities in the media and entertainment space in India, North America, Europe and parts of Asia.
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