#AceFinanceDesk ………….Electric car maker Fisker will go public through a merger with a blank-check company backed by private equity firm Apollo Global Management Inc at a valuation of $2.9 billion, the companies said on Monday.

“Reuters reported last week that the special-purpose acquisition company, Spartan Energy Acquisition Corp (SPAQ_u.N), was leading a bidding war among blank-check companies for Fisker. A blank-check company is a shell company that raises money through an IPO to buy an operating company, typically within two years.”

Published: July.13: 2020: https://t.co/AzOiHPIIkk

Editor says #AceNewsDesk reports are provided at https://t.me/acenewsdaily and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#AceFinanceDesk ………………Alphabet Inc’s Google on Monday said it would spend around $10 billion in India over the next five to seven years through equity investments and tie-ups, marking its biggest commitment to a key growth market.

“The investments will be done through a so-called digitisation fund, highlighting Google’s focus on the rapid pace of growth of apps and software platforms in India, one of the world’s biggest internet services markets.”

Published: July.13: 2020: https://t.co/0wNB66eOO7

Editor says #AceNewsDesk reports are provided at https://t.me/acenewsdaily and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#AceFinanceDesk …………Hewlett Packard Enterprise Co (HPE.N) said on Monday it would buy Silver Peak, a California-based developer of tools to enhance the performance of wide area networks, for about $925 million in cash

Reuters reports …….”Silver Peak will be combined with HPE’s Aruba business unit, which makes Wi-Fi network gear, the company said.”

Published: July.13: 2020: https://t.co/6YLDOpm5bH

Editor says #AceNewsDesk reports are provided at https://t.me/acenewsdaily and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#AceFinanceDesk ………..Pershing Square Tontine Holdings Ltd, the blank check company backed by billionaire investor Bill Ackman, has increased the size of its initial public offering by $1 billion to $4 billion, the largest ever IPO by a special purpose acquisition company

Reuters report …………”Ackman’s latest vehicle will handily beat out former Citigroup Inc (C.N) executive Michael Klein’s Churchill Capital III Corp CCXX.N, which raised $1.1 billion in February, to become the largest ever SPAC.”

Published: July.13: 2020: https://t.co/xCAoDTdedb

Editor says #AceNewsDesk reports are provided at https://t.me/acenewsdaily and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com