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New Deal


Announced

Starwood Capital Entities to go public via a SPAC merger with Jaws Mustang Acquisition.

Financials

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

Tags

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Private Equity

United States

hotels portfolio

Real Estate Holding and Development

Acquisition

Majority

De-SPAC

Merger

Private

Completed

Friendly

Domestic

Single Bidder

Synopsis

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Starwood Capital Entities, an investment affiliates of Starwood Capital, agreed to go public via a SPAC merger with Jaws Mustang Acquisition, a special purpose acquisition company. Financial terms were not disclosed. Under the terms of the LOI, the combined public company would become the direct or indirect owner of the Starwood Capital Entities' interests in ten properties.

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