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WPF - Bill Foley SPAC nears $7.3b deal for Blackstone's Alight Solutions Reuters says
Foley Trasimene Acquisition Corp. Class A CommonStock
Bill Foley's SPAC Foley Trasimene Acquisition Corp. (WPF) is near a deal to take U.S. benefits services provider Alight Solutions public at a valuation of $7.3b including debt, Reuters reported, citing people familiar.Alight Solutions is owned by BlackStone Group (BX).The transaction may be announced as soon as Monday.Recall Dec. 7, Foley Trasimene Acquisition II (BFTU) shares surge on merger announcement with Paysafe at $9B valuation.