7 July 2023

IPO Global Interconnection Group

Through a merger with the SPAC Disruptive Capital Acquisition Company (DCAC), UK-based Global Interconnection Group (CIG) is making its debut on the Amsterdam Exchange today. CIG, which like DCAC hails from Guernsey, is a young company that makes its money from the development, construction and operation of connections, such as high-voltage cables. In doing so, DCAC is succeeding in its aim, within the stipulated deadline, to acquire a company, although contrary to the 2021 plan, it has not become a financial services provider. End 2022, a takeover of Saxo Bank, a broker that also operates in the Netherlands, fell through at the last minute.