Geely's Lotus going public via SPAC at $5.4 billion valuation
The special purpose acquisition company’s sponsor has ties to Bernard Arnault, the world’s richest man.
Source: detroitnews.com
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Lotus will go public via SPAC with $5.4 billion valuation
Lotus Tech will merge with a SPAC whose sponsor combined with the private equity operations of Arnault’s luxury-goods powerhouse LVMH in 2016.
Source: autoblog.com