HANOI (Reuters) – Vietnam’s electric automaker VinFast said on Friday it will list in the U.S. via a merger with Black Spade Acquisition Co, a Special Purpose Acquisition Company (SPAC), in a deal expected to complete in the second half of this year.
VinFast is expected to have an equity value of $23 billion after the merger, it said in a joint statement with Black Spade Acquisition.
(Reporting by Phuong Nguyen; Editing by Toby Chopra)
