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Zaoui brothers plan €300m European blank cheque company

$4.4bn Spac IPOs have landed on European exchanges in the second quarter of 2021

Yoel and Michael Zaoui are the latest high-profile bankers to launch a Spac
Yoel and Michael Zaoui are the latest high-profile bankers to launch a Spac

Dealmaking brothers Yoël and Michael Zaoui are the latest high-profile bankers to launch a blank-cheque company, with plans to list a €300m Spac in Amsterdam.

The duo, who previously held senior roles at Goldman Sachs and Morgan Stanley before launching their own boutique advisory firm in 2013, will head up Odyssey Acquisition which is set to list on Amsterdam's Euronext exchange and focus on healthcare and technology companies, according to a person familiar with the matter.

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