Europe is Ready to List SPACs, Claims NautaDutilh Lawyer

The WSJ interviews Petra Zijp, co-head of Dutch law firm NautaDutilh’s capital markets team, about whether SPACs will be able to make it outside of of the United States as a viable product.

Here's a snip:

"DJ: So where does the European SPAC market stand now and what do you expect going forward this year?

Petra Zijp: Currently we have two listed SPACs. It is U.S. technology, which in the last 18 months has evolved greatly both in the sense that bulge bracket firms are doing these deals now and the quality of the sponsors has improved.

In Europe we are all set and ready to go. There are a few deals in the pipeline now, but I think Europe is waiting for the first few deals to come out and be a success. And then once people become comfortable with the structure, it will become a European product with European investors and European managers."

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