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Exclusive: Veteran investor Foley plans to raise $1.5 billion through two SPACs - source

3 Min Read NEW YORK (Reuters) - Veteran investor Bill Foley plans to raise two new blank-check acquisition vehicles which will be named after a Napoleonic battle and seek around $1.5 billion in total from their initial public offerings (IPOs), a person familiar with the matter said on Monday. FILE PHOTO: Jun 21, 2017; Las Vegas, NV, USA; Vegas Golden Knights owner Bill Foley arrives on the red carpet before the 2017 NHL Awards and Expansion Draft at T-Mobile Arena. Mandatory Credit: Stephen R. ...
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Billionaire Gores backs Matterport listing with $2.9 bln blank-check deal

By Reuters Staff 2 Min Read Feb 8 (Reuters) - Matterport Inc, which makes makes 3D cameras for virtual tours of real estate, will go public through a merger with a blank-check firm backed by billionaire Alec Gores in a deal that values the combined entity at $2.9 billion, the companies said on Monday. The deal with Gores Holdings VI Inc is expected to provide $640 million in proceeds to Matterport, including a private investment of $295 million from investors Tiger Global Management, Dragoneer ...
New York United States Niket Nishant Shailesh Kuber Alec Gores Gores Holding Iv Inc

Philippines plans $23.7 bln fund-raising for budget, infrastructure projects

By Reuters Staff 2 Min Read MANILA, Feb 7 (Reuters) - The Philippines aims to raise $23.71 billion from external sources to bridge a planned budget deficit and fund priority projects this year, including $5.5 billion from the commercial markets, the Department of Finance said on Sunday. The amount is 39% higher than the $17.01 billion the government raised from external sources last year for key infrastructure projects and for helping bridge a wider budget deficit due to state spending on COVID...
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