4 Firms Power SPAC Deal For $3.14B EV Charging Biz Allego
By Benjamin Horney (July 28, 2021, 10:32 AM EDT) -- European electric vehicle charging network provider Allego will go public at a roughly $3.14 billion valuation by merging with an Apollo Global Management-backed special purpose acquisition vehicle, the companies said Wednesday, in a deal driven by four law firms.
The transaction sees Netherlands-based Allego Holding BV combining with Apollo-backed Spartan Acquisition Corp. III, and the merged entity will trade on the New York Stock Exchange under the ticker symbol "ALLG," according to a statement.
Weil Gotshal & Manges LLP and NautaDutilh are acting as legal advisers to Allego, Vinson & Elkins LLP is representing Spartan, and Latham & Watkins LLP is...
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