Arnault-Backed Singapore SPAC Nears Merger With Kacific, Sources Say

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Arnault-Backed Singapore SPAC Nears Merger With Kacific, Sources Say
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A Singaporean blank-check company backed by asset manager Tikehau Capital and a group of prominent European financiers is nearing an agreement on a merger with satellite internet provider Kacific Broadband Satellites Ltd., according to people with knowledge of the matter, as it races to meet a January deadline.

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