(Adds further background)
By Abhinav Ramnarayan and Simon Jessop
LONDON, April 26 (Reuters) - An investment vehicle backed by
ex-UniCredit chief executive Jean Pierre Mustier and France's
richest man Bernard Arnault has launched a 500 million euro
($605.40 million) special purpose acquisition (SPAC) listing in
Amsterdam, a bookrunner on the deal said.
Pegasus Acquisition Company Europe B.V. aims to target
opportunities in the financial services sector and joins a wave
of similar listings in Europe and the United States.
Pegasus is backed by institutional sponsors Tikehau Capital
and Financière Agache -- Arnault's investment vehicle -- and by
individual sponsors Diego De Giorgi and Jean Pierre Mustier,
according to a bookrunner message to investors seen by Reuters.
An additional 100 million euros will be unconditionally
provided by Tikehau and Financière Agache as a forward purchase
agreement for any acquisition.
The deal is expected to complete later this week and begin
trading on Euronext Amsterdam on Thursday, April 29.
The four sponsors have also committed to invest an aggregate
amount of 55 million euros in IPO units.
Citi and JPMorgan are the bookrunners on this deal.
($1 = 0.8259 euros)
(Reporting by Simon Jessop, editin by Karin Strohecker)