Auto data startup Wejo in talks with Virtuoso on SPAC merger - sources

REUTERS: Wejo is in talks to go public through a reverse merger with blank-check company Virtuoso Acquisition Corp in a deal that would value the British connected car data start-up at more than US$1 billion, two people familiar with the matter said.

Officials with Virtuoso and Wejo, which is backed by General Motors Co, could not immediately be reached to comment. Bloomberg earlier reported Virtuoso's involvement.

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