Brief: MNG Airlines Says Signs Agreement To Go Public On New York Stock Exchange Through Business Combination With Golden Falcon Acquisition Corp
07/12/2022 08:03
Dec 7 (Reuters) -
* MNG AIRLINES, A GLOBAL LOGISTICS PROVIDER AND E-COMMERCE
ENABLER, SIGNS AGREEMENT TO GO PUBLIC ON THE NEW YORK STOCK
EXCHANGE THROUGH A BUSINESS COMBINATION WITH GOLDEN FALCON
ACQUISITION CORP.
* MNG AIRLINES - TRANSACTION IS EXPECTED TO HAVE PRO-FORMA
ENTERPRISE VALUE OF $676 MILLION, ASSUMING MINIMUM GROSS
TRANSACTION PROCEEDS OF $30 MILLION
* MNG AIRLINES-PROPOSED COMBINATION HAS BEEN UNANIMOUSLY
APPROVED
BY BOTH BOARD OF GOLDEN FALCON AND BOARD OF MNGA, EXPECTED TO
CLOSE IN FIRST HALF 2023
Source text for Eikon: ID:nBw1WDnRTa
Further company coverage: GFX.N
((Reuters.Briefs@thomsonreuters.com;))
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