A £125m blank-cheque company listing in Amsterdam is unfreezing the European Spac IPO market, which has not seen a deal since July despite ongoing expectations that the boom will move across the pond from Wall Street.
Disruptive Capital Acquisition Company unveiled its plans to list a £125m ($170m) special purpose acquisition company on Amsterdam's Euronext exchange on 7 October. This is the first European Spac since the $325m Paris listing of IP2O in July by ex-Lazard dealmaker Matthieu Pigasse and former WarnerMedia president, Iris Knobloch, which is targeting investments in entertainment.