A former Bear Stearns investment banker will lead the second special purpose acquisition company to list in Europe this year after a testing second quarter globally for Spacs in which only two deals completed due to the hostile equity market environment.
It was announced today that Florian Lahnstein, former co-head of investment banking in Europe at Bear Stearns, has been appointed chief executive of Germany1 Acquisition, a Spac that plans to raise â¬275m ($434m) in an initial public offering on Euronext Amsterdam. The deal is being managed by Deutsche Bank.
