Deals
Ex-Commerzbank CEO Plans European SPAC
- Credit Suisse advising banking veteran on Amsterdam IPO
- Blank-check company could raise about 300 million euros
Martin Blessing
Photographer: Jasper Juinen/Bloomberg
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Ex-Commerzbank AG Chief Executive Officer Martin Blessing is planning to raise funds for a special purpose acquisition company targeting deals in the European financial industry, people familiar with the matter said.
Blessing has been speaking with potential partners about listing a blank-check company in Amsterdam, the people said, asking not to be identified discussing confidential information. He’s seeking to raise about 300 million euros ($359 million), they said.