The Netflix Of Indonesia? SPAC Deal $MLAC | SPACs Attack

Benzinga
•March 22nd, 2021
DESCRIPTION
In this clip, Chris Katje updates the ZingerNation on a SPAC discussed last week on the show. Malacca Straits Acquisition ($MLAC) announced a deal with Asia Vision Network, the third-largest broadband provider in Indonesia. Continued strong demand has led Asia Vision's growth to far outpace international players Netflix and Disney+ in the Indonesian market. The transaction implies a pro-forma enterprise value of $573 million.
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