Tim Horton’s Close to SPAC Deal to Enter China Market

As SPAC’s continue their tear in popularity for companies looking to go public, Tim Horton’s, the beloved Canadian coffee chain, attempts to break into the China market by merging with local listed company, Silver Crest Acquisition Corp. in a potential $1.8 billion deal.

While the deal is not yet finalized we could see a confirmation in the coming days.

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