French alternative investment manager Tikehau Capital said to be eyeing SGX SPAC

The SGX Centre at Shenton Way. Credit: DealStreetAsia

French alternative investment manager Tikehau Capital is looking to raise S$250-300 million ($186-223 million) through a special purpose acquisition company (SPAC) in Singapore, according to a Bloomberg report.

This follows an announcement made last week by the Singapore Exchange (SGX) allowing SPACs to be listed on the bourse — making it the first major Asian stock exchange to do this.

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