Alvarez & Marsal prepares first SPAC listing in Brazil

Alvarez & Marsal prepares first SPAC listing in Brazil

Corporate & Sovereign Strategy Equity IPO M&A Brazil Capital Markets

US consulting firm Alvarez & Marsal is preparing to launch the first special purpose acquisition company (SPAC) in Brazil as part its strategy to increase investments in South America's largest economy, a company source told LatinFinance. "It opens the way to set up our investment arm in Brazil. We can develop a proprietary in Brazil to set up a SPAC," the source said.  Alvarez & Marsal became the first company to register a SPAC with securities regulator CVM in Brazil on Tuesday, but it

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial