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Nordic SPAC craze is over, says Deutsche Bank's Nordic CEO

Whilst one of the first SPACs in the Nordics found its acquisition target within a few months, several others are yet to make their moves. Deutsche Bank’s CEO for Nordics Jan Olsson comments on the waning enthusiasm for the trend.
CEO of Deutsche Bank Nordics Jan Olsson. | Photo: SCC PR.
CEO of Deutsche Bank Nordics Jan Olsson. | Photo: SCC PR.
by REETA ILONA PAAKKINEN

The number of special purpose acquisition companies (SPACs) launched globally has returned to more normal levels since its 2021 peak, and the so-called SPAC mania that hit the headlines last year has also subsided in the Nordic region, says CEO of Deutsche Bank Nordics Jan Olsson.

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