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Luxury EV maker Lotus to go public through SPAC merger with L Catterton Asia

Jan. 31, 2023 12:04 PM ETGELYF, GELYY, LCAA, PSNYBy: Val Brickates Kennedy, SA News Editor4 Comments

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SPAC L Catterton Asia Acquisition Corp. (LCAA) plans to merge with luxury car and EV maker Lotus Technology (LOT) through a deal that estimates the enterprise value of the combined company at $5.4B.

The

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