The London-born but Miami-based tycoon floated his Special Purpose Acquisition Company (SPAC) Admiral Acquisition Corp in a rare London IPO.
Sir Martin (below), nephew of DNA pioneer Rosalind Franklin, has a long history as a corporate acquirer and was once Wall Street's youngest CEO.
The company sold $550 million worth of shares at $10 each. With no operations of its own, it will use these funds plus debt it can raise to buy a firm, allowing the acquired business to list in London.
Esta historia es de la edición May 17, 2023 de Evening Standard.
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Esta historia es de la edición May 17, 2023 de Evening Standard.
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