SPACs in Europe
In July 2007, Pan-European Hotel Acquisition Company N.V. was the first SPAC offering listed on the Euronext Amsterdam exchange, raising approximately €100 million. That listing on NYSE Euronext (Amsterdam) was followed by Liberty International Acquisition Company, raising € 600 mln in January 2008. Liberty is the third largest SPAC in the world and the largest outside the U.S.A.