European asset manager Tikehau Capital files for $110m SPAC listing on SGX

A logo of the Singapore Stock Exchange (SGX) is pictured outside its premises in the financial district of Singapore April 23, 2014. REUTERS/Edgar Su/Files

French asset management group Tikehau Capital and its joint sponsor Financiere Agache, the family office of luxury group LVMH chief Bernard Arnault, have filed a preliminary prospectus with regulators in Singapore to list its special purpose acquisition company (SPAC) on the Singapore Exchange (SGX).

The SPAC, Pegasus Asia, is expected to raise S$150 million ($110 million) by offering shares at S$5 a piece in its initial public offering (IPO).

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