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    HTG — HomeToGo SE News Story

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    HomeToGo seals merger with Lakestar SPAC in German stock market first

    Picture of HomeToGo SE logoHomeToGo SE
    14/07/2021 18:09
    BERLIN, July 14 (Reuters) - Travel tech startup HomeToGo on
Wednesday became the first company to seal a deal to float on
the German stock market by merging with a listed shell company,
as it tied up with venture capitalist Klaus Hommels' Lakestar
SPAC I  LRS1.DE .
    The merger puts an equity value of 1.2 billion euros ($1.4
billion) on HomeToGo, a Berlin-based marketplace for vacation
rentals that connects travellers with online travel agents and
independent landlords.
 ($1 = 0.8475 euros)

 (Reporting by Douglas Busvine; Editing by Emma Thomasson)
 ((douglas.busvine@tr.com; +49 30 220 133 562;))

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