Oil SPAC Attracts Norway’s Sovereign Wealth Fund
Posted on 07/24/2014
International special-purpose acquisition companies, or SPACs, that focus on the energy sector are attracting large institutional investors. SPACs are blank-check companies that sell shares to raise capital to acquire companies that have not been selected yet. Typically, investors who invest in a SPAC are betting on the management team and their deal flow. Kuala Lumpur-based […]
- Energy
- Gas
- Hong Leong Investment Bank
- Malaysia
- Norway Government Pension Fund Global
- Oil
- Reach Energy
- Shell
- SPAC
