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New Deal


Announced

Completed

Next.e.GO went public via a SPAC merger with Athena Consumer Acquisition in a $913m deal.

Financials

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Transaction Value£756m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Automobiles

Single Bidder

Friendly

electric vehicles

Majority

Private

De-SPAC

Cross Border

Reverse Takeover

Merger

Acquisition

Germany

Completed

Synopsis

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Next.e.GO, a producer of urban electric vehicles based on disruptive production systems, went public via a SPAC merger with Athena Consumer Acquisition, a blank cheque company, in a $913m deal. "We are proud to have reached another milestone as Athena Consumer has brought e.GO, the esteemed German electric carmaker, public. We remain resolute in our commitment to fostering innovation, supporting our partner companies, and driving progress to reshape the future, redefine industry standards, and establish e.GO as a prominent global force," Isabelle Freidheim, Athena Chairman of the Board.

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