\"<p>The
The payment will include $225 million private investment led by Koch Strategic Platforms LLC and other top-tier investors, such as funds and accounts managed by BlackRock Inc.<\/span><\/figcaption><\/figure>KORE Wireless<\/a> Group Inc has agreed to go public through a merger with a blank-check firm backed by private equity company Cerberus Capital Management, in a deal that values the combined entity at a pro-forma enterprise value of $1.01 billion.

KORE said on Friday the deal with
Cerberus Telecom<\/a> Acquisition Corp will fetch the merged company about $484 million in gross cash proceeds.

The payment will include $225 million private investment led by Koch Strategic Platforms LLC and other top-tier investors, such as funds and accounts managed by BlackRock Inc.

Arby Partners, an existing majority shareholder in KORE, will roll its entire common equity into the combined company.

Founded in 2003, KORE is a provider of IoT, or Internet of Things solutions and connectivity-as-a-Service (Caas).

CTAC, a so-called special purpose acquisition company, or SPAC, raised $250 million through an initial public offering last year.

SPACs are shell companies that raise funds to acquire a private entity with the aim of taking it public, allowing such companies to eschew the hassles associated with a traditional IPOs.

The combined company expects to be listed on the
New York Stock Exchange<\/a> and will trade under the new ticker symbol \"KORE\".

Cowen and Company LLC and Morgan Stanley & Co LLC are acting as financial advisers to the merging companies.
<\/body>","next_sibling":[{"msid":81477959,"title":"Huawei listed anew as threat to US national security","entity_type":"ARTICLE","link":"\/news\/huawei-listed-anew-as-threat-to-us-national-security\/81477959","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":81477981,"entity_type":"ARTICLE","title":"KORE Wireless to go public via $1.01 bln deal with Cerberus SPAC","synopsis":"KORE said on Friday the deal with Cerberus Telecom Acquisition Corp will fetch the merged company about $484 million in gross cash proceeds.","titleseo":"telecomnews\/kore-wireless-to-go-public-via-1-01-bln-deal-with-cerberus-spac","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":397,"shares":0,"engagementtimems":1627000},"Alttitle":{"minfo":""},"artag":"Reuters","artdate":"2021-03-13 08:02:02","lastupd":"2021-03-13 08:03:49","breadcrumbTags":["telecom news","Cerberus Telecom","New York Stock Exchange","KORE Wireless","Industry","international"],"secinfo":{"seolocation":"telecomnews\/kore-wireless-to-go-public-via-1-01-bln-deal-with-cerberus-spac"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2021-03-13" data-index="article_1">

科莱无线上市通过左右处理Cerberus SPAC 1.01美元

科莱说周五处理Cerberus收购电信集团将获得合并后的公司总值约4.84亿美元的现金收益。

  • 更新2021年3月13日凌晨08:03坚持
阅读: 100年行业专业人士
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< p >付款将包括2.25亿美元的私人投资由科赫战略平台LLC和其他顶级投资者,如基金和账户管理的贝莱德。< / p >
付款将包括2.25亿美元的私人投资由科赫战略平台LLC和其他顶级投资者,如由贝莱德基金和账户管理。
科莱无线集团已同意无偿公司通过合并上市私人股本支持的公司Cerberus资本管理公司的交易值合并后的实体在预计10.1亿美元的企业价值。

科莱说周五处理Cerberus电信收购集团将获得合并后的公司总值约4.84亿美元的现金收益。

付款将包括2.25亿美元的私人投资由科赫战略平台LLC和其他顶级投资者,如由贝莱德基金和账户管理。

广告
科莱Arby伙伴,现有的多数股东,将整个普通股为合并后的公司。

成立于2003年,科莱是一个提供物联网,物联网解决方案和连接性作为服务(Caas)。

CTAC,所谓的特殊目的收购公司,成立SPAC,去年通过首次公开发行(ipo)筹资2.5亿美元。

特定目标是空壳公司筹集资金收购私人实体,目的是把它公开,允许这些公司避开麻烦与传统的ipo。

合并后的公司预计上市纽约证券交易所并将贸易根据新的符号“科莱”。

考恩和公司LLC)和摩根士丹利(Morgan Stanley) & Co公司合并企业充当财务顾问。
  • 发布于2021年3月13日08:02点坚持

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\"&lt;p&gt;The
The payment will include $225 million private investment led by Koch Strategic Platforms LLC and other top-tier investors, such as funds and accounts managed by BlackRock Inc.<\/span><\/figcaption><\/figure>KORE Wireless<\/a> Group Inc has agreed to go public through a merger with a blank-check firm backed by private equity company Cerberus Capital Management, in a deal that values the combined entity at a pro-forma enterprise value of $1.01 billion.

KORE said on Friday the deal with
Cerberus Telecom<\/a> Acquisition Corp will fetch the merged company about $484 million in gross cash proceeds.

The payment will include $225 million private investment led by Koch Strategic Platforms LLC and other top-tier investors, such as funds and accounts managed by BlackRock Inc.

Arby Partners, an existing majority shareholder in KORE, will roll its entire common equity into the combined company.

Founded in 2003, KORE is a provider of IoT, or Internet of Things solutions and connectivity-as-a-Service (Caas).

CTAC, a so-called special purpose acquisition company, or SPAC, raised $250 million through an initial public offering last year.

SPACs are shell companies that raise funds to acquire a private entity with the aim of taking it public, allowing such companies to eschew the hassles associated with a traditional IPOs.

The combined company expects to be listed on the
New York Stock Exchange<\/a> and will trade under the new ticker symbol \"KORE\".

Cowen and Company LLC and Morgan Stanley & Co LLC are acting as financial advisers to the merging companies.
<\/body>","next_sibling":[{"msid":81477959,"title":"Huawei listed anew as threat to US national security","entity_type":"ARTICLE","link":"\/news\/huawei-listed-anew-as-threat-to-us-national-security\/81477959","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":81477981,"entity_type":"ARTICLE","title":"KORE Wireless to go public via $1.01 bln deal with Cerberus SPAC","synopsis":"KORE said on Friday the deal with Cerberus Telecom Acquisition Corp will fetch the merged company about $484 million in gross cash proceeds.","titleseo":"telecomnews\/kore-wireless-to-go-public-via-1-01-bln-deal-with-cerberus-spac","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":397,"shares":0,"engagementtimems":1627000},"Alttitle":{"minfo":""},"artag":"Reuters","artdate":"2021-03-13 08:02:02","lastupd":"2021-03-13 08:03:49","breadcrumbTags":["telecom news","Cerberus Telecom","New York Stock Exchange","KORE Wireless","Industry","international"],"secinfo":{"seolocation":"telecomnews\/kore-wireless-to-go-public-via-1-01-bln-deal-with-cerberus-spac"}}" data-news_link="//www.iser-br.com/news/kore-wireless-to-go-public-via-1-01-bln-deal-with-cerberus-spac/81477981">