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Ex-Barclays chair Makram Azar’s Spac to take MNG Airlines public in $676m deal
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The blank cheque company set up by the former chairman of European banking at Barclays has signed a deal to take logistics and transport company, MNG Airlines public.
The special purpose acquisition company called Golden Falcon Acquisition Corp was unveiled in December 2020 with a number of big-name finance executives at the helm. It raised $345m through an IPO and has now announced plans to merge with MNG, with an enterprise value of $676m. The deal is expected to complete in the first half of 2023 and will see the company...
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