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Prosecutors investigate links between Michael Shvartsman’s ‘venture capital firm’ and ex-US president’s media business
US securities regulator asks why Tesla chief did not notify investors before saying deal ‘cannot move forward’ over bots
UK van and bus maker restructures to stop cash drying up
Investors will give him cash for a deal only after he has picked out a target company
Funds from record-breaking vehicle returned to investors as appetite for blank-cheque companies withers
Plus, Bill Hwang is sued by his former analyst and Putin’s inner circle ponders a sanction-proof mega-deal
Spacs took off at the start of the pandemic as a way for companies to go public, but in 2022 the bubble burst
Enjoy Technology under Ron Johnson crashed from public listing to bankruptcy at breakneck speed
Plus, megadeals carry global M&A and Unilever settles a year-long ice cream fight
From electric vehicles to fintech start-ups, their stocks have lost an average of 62% of value
The region’s largest blank-cheque vehicle Pegasus Europe is among those seeking a company to merge with
Federal grand jury scrutinises blank-cheque company Digital World Acquisition
Californian group that offers expensive tests in effort to prolong lives was selected after Pimco scuppered earlier deal
The EV truck group has filed for bankruptcy less than a year after going public via a SPAC deal
Investment vehicle led by the ex-Credit Suisse chief has yet to do a deal since launching in February 2021
Rising interest rates and the prospect of tougher regulation have deepened the challenges facing the market
Symbotic executive eyes automation trend due to wage costs and labour shortages
Media group’s intention to go public falters amid dwindling enthusiasm for blank-cheque vehicles
Number of businesses in region are considering blank-cheque company option despite it falling out of fashion elsewhere
Healthcare litigation group MSP Recovery had claimed a $33bn valuation despite losses
Revisions to corporate financial reports rose 289% in 2021, with increase led by Spacs
Vehicle behind Truth Social platform says there are ‘no assurances’ company will stay solvent
Plus, Ares Management finds a diamond in the rough after Novalpina’s collapse and Goldman and Citi sit out the Spac game
Deal backed by Bernard Arnault and Tikehau will create new player in European entertainment
Transaction with Tiga Acquisition Corp values company at $2.1bn
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