Exela Technologies' European business, a pan-European integrator of bills and payments, went public via merger with CF Acquisition VIII, a special purpose acquisition company sponsored by Cantor Fitzgerald, in a $220m deal. "We are pleased to announce the merger agreement with CFFE following the Letter of Intent announced in late August. We continue to execute our strategy in some very difficult market conditions and look forward to communicating additional milestones," Par Chadha, Exela Executive Chairman.