PropertyGuru agrees to go public in merger with SPAC backed by Richard Li, Peter Thiel

PropertyGuru agrees to go public in merger with SPAC backed by Richard Li, Peter Thiel

Photo: PropertyGuru

Southeast Asian online realty company PropertyGuru on Friday agreed to go public through a merger with a blank-check firm backed by billionaires Richard Li and Peter Thiel, giving the combined company an equity value of about $1.78 billion.

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