A pending $23 billion deal between Black Spade Acquisition Co. and VinFast Auto Pte. Ltd. would mark the largest M&A transaction involving a special purpose acquisition company in almost two years.
Black Spade and VinFast, an electric-vehicle maker, announced an agreement in May for the transaction, the second-largest M&A deal announced in 2023 and one of nine $10 billion-plus M&A deals announced through the first five months of the year. READ MORE