Spac dedicated to health goes public in Amsterdam

Health and tech are the new playing fields of the Zaoui brothers, the star bankers of the City.

Allied to Jean Raby, former director of Natixis IM, Michael and Yoël Zaoui will raise 300 million euros as part of a Spac (Special Purpose Acquisition Company), called Odyssey Acquisition, listed this Friday in Amsterdam.

Read also:

The Spac bubble is deflating at high speed on Wall Street

Spacs are companies, with no operational activity, whose securities are issued on a stock market with a view to a future acquisition or merger.

In the United States, they have been a resounding success with more than 500 Spacs set up over the past year and more than $ 300 billion raised.

Europe is also doing it at its own pace (nearly 5 billion euros raised by a dozen Spacs).

Several emblematic transactions took place on Euronext, including a 500 million euro Spac launched by Bernard Arnault and former UniCredit director Jean-Pierre Mustier, in the field of financial services, and another of 300 million launched through

This article is for subscribers only.

You have 65% left to discover.

To cultivate your freedom is to cultivate your curiosity.

Continue reading your article for € 1 the first month

I ENJOY IT

Already subscribed? Log in