Media SPAC legitimizes MENA for Asia investors
The imminent US listing of a Middle East and North Africa (MENA) media app via a special purpose acquisition company (SPAC) is helping legitimize the region for Asian private equity.
The company in question is Anghami, an Abu Dhabi-based music streaming provider with offices in Dubai, Cairo, Beirut, and Riyadh. It has agreed to merge with Vista Media Acquisition Company, a NASDAQ-listed...
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