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New Deal


Announced

Seamless Group to go public via a SPAC merger with INFINT Acquisition in a $400m deal.

Financials

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Transaction Value£328m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Majority

Domestic

Pending

Single Bidder

fintech

Acquisition

Private

De-SPAC

United States

Merger

FinTech

Reverse Takeover

Synopsis

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Seamless Group, a fintech company, agreed to go public via a SPAC merger with INFINT Acquisition in a $400m deal. “Upon formation of INFINT Acquisition Corporation, our team has been hard at work focused on finding the best partner and have evaluated a number of potential candidates. Ultimately, we believe that we have found the ideal partner in Seamless Group, a leading global fintech platform. We believe Seamless is uniquely positioned in the remittance market and our commitment to them will further help build upon what is already a growing business and enhance its value proposition over time,” Sasha Edgarov, INFINT CEO.

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