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Airbnb approached for blank-cheque acquisition company merger
Reading Time: 5 minutesUS: Airbnb CEO Brian Chesky has revealed the company was recently approached about going public via a merger with a blank-cheque acquisition company on a Reuters Newsmaker webinar on Wednesday. Mergers with so-called special purpose acquisition companies [SPACs] are seen as a relatively new but increasingly popular way of listing on the stock market. SPACs […]
Airbnb fields “significant” investor interest
Reading Time: 2 minutesUS: Sources close to Airbnb have revealed that the company is receiving “significant” interest in terms of pitches from investors, despite the outbreak of the coronavirus hitting the hospitality and travel industries hard. According to American broadcaster CNBC, two sources privy to the matter said that Airbnb was in “listen mode” as it weighs up […]