News
29 September 2023

$1bn metals SPAC deal backed by Glencore, automakers collapses

In:
Metals and Mining
Region:
Europe

A $1 billion metals deal by blank-cheque fund ACG Acquisition has been terminated following delays when the different sides, which included Glencore and top automakers as anchor investors, tried to revise it, ACG said.ACG, a London-listed special purpose acquisition company (SPAC), planned to buy a...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Video
12 February 2026

Dealmakers: Cenk Olcay Seran, ECC

TXF spoke with Cenk Olcay Seran, director of international development at ECC, to outline the EPC contractor's global footprint, from structuring DFI and ECA-backed debt for...

Perspective
23 February 2026

Calmer waters for European offshore?

The political support is definitely there, but offshore wind in the North Sea is producing mixed results. What do the results of the UK auction - and delays to the German...