William Allen and Andrew Rear backed Financials Acquisition Corp plans £150mn listing on LSE

LONDON, UK: Financials Acquisition Corp, a special purpose acquisition company (SPAC) sponsored by FINSAC LLP, which is a limited liability partnership founded by William Allen and Andrew Rear, announced its intention to float on the London Stock Exchange. Financials Acquisition Corp intends to raise £150 million through the listing. The company will place 15 million…