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).
