China's Primavera launches consumer-focused SPAC
Primavera Capital Group has joined the trickle of Asia-based private equity investors launching special purpose acquisition companies (SPACs) in the US, targeting a $300 million capital raise for consumer deals.
Primavera Capital Acquisition Corporation (PCAC) will focus on global consumer companies with a significant China presence or compelling China potential. Opportunities are expected to arise from the economic...
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