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PRESS: Social Capital Hedosophia plans UK IPO - Bloomberg

Mon, 15th Mar 2021 06:55

(Alliance News) - Social Capital Hedosophia, a partnership of dealmakers Chamath Palihapitiya and Ian Osborne, is planning to list a company in London worth at least USD1 billion that will be focused on climate-change solutions, Bloomberg reported late Friday, citing "people with knowledge of the matter".

The investment vehicle will pursue multiple acquisitions, while also building out its own operations tackling environmental issues, Bloomberg said. Social Capital Hedosophia is working with Barclays PLC and Credit Suisse Group AG on the listing, which is targeted for later this year, the news agency said.

https://www.bloomberg.com/news/articles/2021-03-12/social-capital-hedosophia-said-to-plan-1-billion-u-k-listing?srnd=deals

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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