Deals
James Murdoch, Disney Alum Seek $300 Million for Asia Media SPAC
- Seven Islands to look at sectors including entertainment, tech
- India will be of particular focus for potential merger targets
James Murdoch
Photographer: Matt Winkelmeyer/Getty Images
This article is for subscribers only.
Seven Islands Inc., backed by billionaire James Murdoch’s investment company Lupa Systems LLC, and a former Walt Disney Co. executive filed to raise about $300 million listing a blank-check company in the U.S.
The special purpose acquisition company plans to hunt for targets in the media, entertainment, consumer technology, health care and education sectors, according to a filing Tuesday. While the blank-check company will focus on south and southeast Asia, India will be of a particular focus.