PropertyGuru to go public through $1.8b SPAC plan
Southeast Asian online real estate giant PropertyGuru is looking to go public via a merger with Bridgetown 2, a SPAC backed by billionaire investors Peter Thiel and Richard Li. The SPAC agreement gives PropertyGuru an enterprise value of roughly US$1.35 billion and an equity value of about US$1.78 billion.
Shanda Consult has been working with SPACs for many years, and our network of SPAC executives has deep experience in the sector. If you need to learn more about how to successfully use a SPAC structure and perhaps wish to set up your own SPAC, we are here to help.
Please contact us with any questions you may have.
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