🇦🇺

Billionaire Richard Branson To Raise $400 Million

Video Credit: Wochit News
Published on September 17, 2020 - Duration: 00:32s

Billionaire Richard Branson To Raise $400 Million

Business Insider reports that billionaire Richard Branson is looking to raise $400 million.

A filing showed that Branson is looking to raise the money in a special purpose acquisition company.

VG Acquisition Corp is the name of the new company.

It intends to sell 40 million units at a price of $10 per unit.

The company said it plans to search for targets that operate in consumer-facing industries in US and Western Europe.

Advertisement

You are here


💡 One News Page Knowledge: Other News Mentions

Richard Branson

British business magnate, investor and philanthropist


You might like