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Wejo to go public, deal values auto data startup at $800 mln

Paul LienertBen Klayman 1/2 Rush hour traffic moves north and south on interstate 5 near Encinitas, California, U.S. October, 24, 2018. REUTERS/Mike Blake Read More Auto data startup Wejo, backed by General Motors Co (GM.N),will go public through a reverse merger with blank-check company Virtuoso Acquisition Corp (VOSO.O) in a deal that values the British company at $800 million including debt, the companies said on Friday. The deal will raise $330 million in proceeds for Wejo, the companies s...
United Kingdom Jeffrey Warshaw Peter Thiel Richard Barlow Thomson Reuters Trust Principles Purpose Acquisition Company

Factbox: Back to pubs, gyms and movies: plotting the road back to normal

Reuters 1/5 People interact at Elsewhere, a music venue and nightclub, at the reopening of the rooftop within restrictions amid the coronavirus disease (COVID-19) pandemic, in the Bushwick area of Brooklyn, New York, U.S., April 30, 2021. REUTERS/Gaia Squarci Read More As the COVID-19 vaccine rollout gains momentum, many countries are planning a gradual return to normal, opening borders and letting people back into restaurants, shops and sports venues after more than a year of on-off lockdowns...
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