SPAC wave arrives in Italy with EUR200mn vehicle for parametric business
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SPAC wave arrives in Italy with EUR200mn vehicle for parametric business

Samuel Casey
10 May 2021
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A new special purpose acquisition company (SPAC) has announced its intention to raise up to EUR200mn ($243mn) in an IPO in Milan.

Named Revo, the blank cheque vehicle will target a merger with an established insurance company to grow in the InsurTech space, with a focus on specialty parametric insurance for SMEs.

The

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Topics

News M&A Parametric
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Samuel Casey
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