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Geely's Lotus going public via SPAC at $5.4 billion valuation

Published: February 1, 2023

The special purpose acquisition company’s sponsor has ties to Bernard Arnault, the world’s richest man.

Source: detroitnews.com

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United KingdomStefan NicolaLi ShufuElon MuskAston MartinBernard ArnaultGermany Mercedes Benz GroupLotus TechnologyCredit Suisse GroupWhile Group LotusChina Zhejiang Geely Holding Group CoL Catterton Asia Acquisition CorpDeutsche BankTesla IncCatterton Asia AcquisitionLotus TechChief Executive Officer Elon MuskBloomberg BillionairesGroup LotusVolvo CarMercedes Benz GroupAston Martin Lagonda Global HoldingsSuisse Group

Lotus will go public via SPAC with $5.4 billion valuation

Published: February 1, 2023

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

Related Topics:

United KingdomLi ShufuElon MuskAston MartinBernard ArnaultGermany Mercedes Benz GroupLotus TechnologyCredit Suisse GroupWhile Group LotusChina Zhejiang Geely Holding Group CoL Catterton Asia Acquisition CorpDeutsche BankTesla IncCatterton Asia AcquisitionLotus TechChief Executive Officer Elon MuskBloomberg BillionairesGroup LotusVolvo CarMercedes Benz GroupAston Martin Lagonda Global HoldingsSuisse Group