டீடீ சுற்றுச்சூழல் தீர்வுகள் நிதி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from டீடீ சுற்றுச்சூழல் தீர்வுகள் நிதி. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In டீடீ சுற்றுச்சூழல் தீர்வுகள் நிதி Today - Breaking & Trending Today

ReNew Power, India's leading renewable energy company, to publicly list through business combination with RMG Acquisition Corporation II in $8 billion transaction


ReNew Power, India’s leading renewable energy company, to publicly list through business combination with RMG Acquisition Corporation II in $8 billion transaction
26th February 2021
ANTARA/Business Wire
• ReNew Power, India’s leading renewable energy company, has entered into a definitive business combination agreement with RMG Acquisition Corporation II (“RMG II”); upon closing, the combined entity is expected to be listed on the NASDAQ under the new ticker symbol “RNW”
• Pro forma consolidated & fully diluted enterprise value of approximately $8 billion; transaction expected to close in the second quarter of 2021, subject to customary closing conditions
• Total anticipated proceeds of $1.2 billion, comprised of $855 million, upsized, fully-committed private placement of common stock in ReNew Power (the “PIPE”) and $345 million of gross cash held in trust by RMG II, subject to redemptions; anticipated net primary proceeds of approximat ....

New York , United States , Nova Scotia , Abu Dhabi , Abuz Aby , United Arab Emirates , Caldwell Bailey , Philip Kassin , Cory Ziskind , Chamath Palihapitiya , Phil Kassin , Sumant Sinha , Cyril Amarchand Mangladas , Michael Bruun , Bob Mancini , Tt International Asset Management Ltd , Goldman Sachs , Abu Dhabi Investment Authority , Paribas Energy Transition Fund , Acquisition Corporation , Ropes Gray , Icr Inc , Registrar Of Companies , Renewable Energy , Khaitan Co , Exchange Board Of India ,