BTWN - SPAC Bridgetown said considering deal to take Circles.Life public

• Peter Thiel-backed SPAC Bridgetown Holdings ( NASDAQ: BTWN ) is said to be evaluating a potential deal to take digital telecom services company Circles.Life public.
• Bridgetown ( BTWN ), which is also backed by billionaire Richard Li, is having early discussions with Singapore-based Circles.Life, according to a Bloomberg report. The combined company may look for a valuation of about $1.5 billion to $2.5 billion.
• This appears to be at least the second time that SPAC Bridgetown ( BTWN ) attempted to find a target for a deal.  Indonesia’s Traveloka reportedly halted talks to go public through BTWN in September.
• Bridgetown 2, Thiel and Li's other SPAC vehicle, took PropertyGuru, a Southeast Asian property technology company, public in March.

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