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SPACs go global

The U.S. SPAC boom has become a SPAC bust, with dozens of post-merger companies trading below their sale prices. But that hasn't stopped foreign stock exchanges from enthusiastically grasping for the falling knife.

Driving the news: Singapore last month hosted its first SPAC listings, and Hong Kong got its first SPAC filing. London's debut SPAC came in December, around the same time that Brazil approved its own inaugural SPAC.


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