The World's Richest Man Is Helping Lotus Go Public
A private equity firm linked to number-one rich guy Bernard Arnault is merging with Lotus to make the carmaker a publicly-traded company.
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A private equity firm linked to number-one rich guy Bernard Arnault is merging with Lotus to make the carmaker a publicly-traded company.
Lotus Tech will merge with a SPAC whose sponsor combined with the private equity operations of Arnault’s luxury-goods powerhouse LVMH in 2016.
Electric car maker Lotus Technology has revealed it will go public in the United States via a merger with special purpose acquisition company, or SPAC, L Catterton Asia Acquisition Corp,
Lotus Technology will be listed on the NASDAQ under the ticker symbol LOT
Lotus Tech is a pioneering luxury electric vehicle maker that operates under the iconic British brand, Lotus. L Catterton Asia Acquisition Corp is a special...