SoftBank-backed SPAC to take Mapbox public in $2 bln deal - Sky News


Reuters | Updated: 23-04-2021 20:15 IST | Created: 23-04-2021 20:14 IST
SoftBank-backed SPAC to take Mapbox public in $2 bln deal - Sky News
Representative Image Image Credit: Flickr

Mapbox, a location data services provider, is in talks to go public through a merger with a blank-check firm backed by SoftBank Group Corp in a deal that could value the company at around $2 billion, according to a Sky News report on Friday.

The Washington-based company is in talks with SVF Investment Corp 3 to take it public, the report said, citing a U.S. banking source. https://bit.ly/3aCbYLw

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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