SPAC phenomenon grows in Sweden, but not in Denmark

"Blank check" companies  worth SEK 6bn (EUR 590m) have been listed in Sweden, but so far, nobody has attempted the same thing in Denmark.


SPACs (Special Purpose Aquisition Companies) are alternative stock exchange listings where an empty 'shell' is listed with the aim of purchasing a private, unlisted company. Danish financial daily Børsen reports that the phenomenon has now raised SEK 6bn (EUR 590m) in Sweden.

Across the Øresund, however, Denmark is still waiting for its first SPAC. This concerns Carsten Borring, Head of Listings and Capital Markets on the Nasdaq exchange in Copenhagen.

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