Egypt’s first SPAC closed two acquisitions worth EGP 2.8 bn within months of listing — is the market moving too fast?

· Egyptian market news · EAST

📈 A year and a half in, are Egypt’s SPACs moving faster than the market can handle? establishing, listing, and trading Special Purpose Acquisition Companies

That question was answered quickly. two acquisitions worth EGP 2.8 bn second SPAC

SPACs are defined as single-purpose entities whose sole objective is to…

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Source: Enterprise — read the original story

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