PropertyGuru set to go public in $1.7B SPAC deal
PropertyGuru set to go public in $1.7B SPAC deal ZDNet 12 hrs ago © ZDNet PropertyGuru set to go public in $1.7B SPAC deal PropertyGuru has agreed to a merger deal with special purpose acquisition company (SPAC) Bridgetown 2 Holdings, which will see the Singapore-based online property marketplace list on the New York Stock Exchange. The combined entity is expected to have an equity value of $1.78 billion at closing. The merger is projected to close in the fourth quarter of 2021 or first quarter of 2022, subject to regulatory and stockholder approvals, said PropertyGuru in a statement o...