First Reserve Sustainable Growth Corp. Class A Common Stock

Two rumored deals materialize at very large premiums. In a battle of railroads, Canadian Pacific comes back but gets rejected by Kansas City Southern.

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A leading fleet charging company in Europe announced plans to go public via a SPAC merger Thursday morning. The SPAC Deal: EO Charging announced a SPAC merger with First Reserve Sustainable Growth Corp (NASDAQ: FRSG). The deal values the company at a pro forma enterprise value of $675 million. Public FRSG shareholders will own 28% of the new company after the merger. Shares of the new company will trade as EOC on the Nasdaq with an expected close in the fourth quarter. About EO: With over 50,000 electric vehicle chargers deployed in more than 35 countries, EO ...

Related tickers: AMZN, UBER, ARVL, FRSG.