CITIC Capital targets OBOR deals with blank check company
CITIC Capital has launched a special purpose acquisition vehicle (SPAC) – or blank check company – on the New York Stock Exchange to pursue deals under its One Belt One Road (OBOR) strategy.
CITIC Capital Acquisition Corp. is offering 20 million units for $10.00 apiece, with an overallotment option of three million units, according to a filing. Each unit entitles the owner to one class A ordinary...
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