Report
Thijs Berkelder

CFE : Deep sea mining + SPAC = multi-billion holy grail

>“DeepGreen Metals” gets $ 2.9bn listing via “Sustainable Opportunities Acquisition Corporation” - DeepGreen Metals Inc., a developer of lower-impact battery metals from unattached seafloor polymetallic nodules, has announced that it has entered into a definitive business combination agreement with Sustainable Opportunities Acquisition Corporation (SOAC), a NYSE listed SPAC. The transaction represents a pro forma equity value of $ 2.9bn for the combined company ($ 2.4...
Underlying
Compagnie d'Entreprises CFE SA

CFE is engaged in civil engineering, buildings and industrial construction, dredging works and electrical installations. Co. is also engaged in property development, environmental protection and building management. Co.'s works carried on by Co.'s civil engineering group includes the following: hydraulic engineering, harbor works, bridges, and other engineering works, tunnels, road construction, dams, storage tanks, piping and drainage and caissons sunken soft soil. Co.'s buildings and industrial construction sector is active in the following fields: administrative buildings, industrial construction, public utility buildings, redevelopment, and residential buildings.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Thijs Berkelder

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