Kingswood-backed SPAC in exclusive talks to buy Lombard - reports
Blank cheque vehicle listed in New York
The Kingswood SPAC listed in New York late last year
Kingswood Acquisition Corp, a SPAC backed by directors of UK wealth firm Kingswood Group, is in exclusive talks to buy Lombard, one of the UK's biggest wealth management groups, according to reports.
The blank-cheque company, which listed in New York late last year, has signed a letter of intent to acquire Lombard in recent days, Sky News is reporting. If the deal is successful, it will be one of...
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