COVAU - SPAC Cova Acquisition is said in talks to take Indonesian online travel co. Tiket.com public

May, 18 2021 08:56 AM COVA Acquisition Corp. Unit

SPAC Cova Acquisition (COVAU) is said in talks to to take Indonesian online travel company Tiket.com public in a deal that would valued combined company at about $2B.Startup Tiket.com may also pursue a traditional IPO or a merger or acquisition, according to a Bloomberg report, which cited people familiar. Talks haven't been completed and a transaction could still fall apart.Goldman is advising Tiket on the deal, according to the report. Jakarta-based Tiket is owned by Indonesian conglomerate Djarum Group.Last month, Bloomberg reported that Indonesia's Traveloka in said in talks go public through Bridgetown SPAC (BTWN).

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SPAC Cova Acquisition is said in talks to take Indonesian online travel co. Tiket.com public

Company Name:	COVA Acquisition Corp. Unit
Stock Symbol:	COVAU
Market:	NASDAQ

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