News
29 September 2023

$1bn metals SPAC deal backed by Glencore, automakers collapses

In:
Metals and Mining
Region:
Europe

A $1 billion metals deal by blank-cheque fund ACG Acquisition has been terminated following delays when the different sides, which included Glencore and top automakers as anchor investors, tried to revise it, ACG said.ACG, a London-listed special purpose acquisition company (SPAC), planned to buy a...

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