Hi, it’s Lizzie here from a very rainy springtime New York. In today’s Bloomberg Deals Newsletter we’re looking at how the U.S. SPAC market had already slowed, even before the SEC’s planned crackdown. Elsewhere, Dubai is defying the global IPO slowdown, and a big Spanish-Italian deal is in the works.
Today’s top stories
- Crypto exchange Binance is now
worth $4.5 billion.
- Spanish tycoon Florentino Perez is
weighing an offer for Atlantia.
- JetBlue’s CEO
is confident his bid for Spirit will pass regulators.
- Bill Foley-backed Black Knight is
weighing a sale .
SPAC backtrack
We’ve been following the SPAC market somewhat obsessively since 2019, ...