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FirstFT: Today’s top stories
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1 Mar 2021 • 5 min read
Myanmar’s junta has ordered foreign embassies, UN agencies and other international organisations in the country not to talk to “illegal entities” representing Aung San Suu Kyi’s political party, which it forced out of power this month.
The regime’s warning to embassies came as representatives of Aung San Suu Kyi’s toppled government consolidated their drive for international recognition, amid a sharp escalation of a crackdown by the military regime on Sunday that turned parts of Yangon into battle zones.
Fintech Firm Apex Clearing Agrees to Go Public Via SPAC wealthmanagement.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wealthmanagement.com Daily Mail and Mail on Sunday newspapers.
Clearing house Apex in merger talks with Ledecky s SPAC
Crystal Tse, Bloomberg
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Northern Star Investment Corp. II surged Friday after people familiar with the matter said Apex Clearing Corp., a securities custody and clearing firm, is in talks to go public through a merger with the blank-check company.
A merger would value Apex and Northern Star Investment Corp. II at as much as $5 billion, said one of the people, who asked not to be identified because the information is private. Units of Northern Star Investment Corp. II, which is backed by Jonathan Ledecky, co-owner of the National Hockey League s New York Islanders, rose as much as 9.1% in New York trading.