Ex-London Bourse Chief Xavier Rolet Is Said to Plan Fintech SPAC

Xavier RoletPhotographer: Andrey Rudakov/Bloomberg
Lock
This article is for subscribers only.

Xavier Rolet, the former head of London Stock Exchange Group Plc, is planning to launch a blank-check company targeting financial technology investments, people familiar with the matter said.

He plans to seek about $300 million by listing a special purpose acquisition company in the U.S., according to the people, who asked not to be identified because the information is private. Rolet could reveal plans for the listing as soon as the next few days, the people said.