(Corrects para 2 to say Credit Suisse and JPMorgan are leading the deal, not UBS; changed sourcing in para 1 and comment line in para 5 as a result) HONG KONG, March 1 (Reuters) - Hong Kong’s luxury Rosewood Hotel Group, a unit of property developer New World Development , plans to file for a special purpose acquisition company (SPAC), three people with knowledge of the matter said, adding to the recent rush for such deals. Rosewood, run by Sonia Cheng, the granddaughter of family-run NWD founder, has enlisted Credit Suisse and JPMorgan to lead the U.S. SPAC listing, which targets the consumer sector, two of the people told Reuters. Typically, a SPAC, a blank-cheque company that raises money through initial public offerings (IPOs) and merges with firms by enticing them with shorter listing timelines, will issue shares at $10 apiece. One of the sources said that Rosewood’s SPAC listing could aim to raise about $400 million. The hotel group, which manages one of Hong Kong’s most prominent hotels located in the city’s Victoria Harbour in the tourism district of Tsim Sha Tsui, did not immediately respond to a query for comment. Credit Suisse and JPMorgan declined to comment. The sources declined to be named as the information is confidential. (Reporting by Kane Wu and Scott Murdoch, additional reporting by Farah Master)
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