Ad tech firm Taboola to go public after ION SPAC merger: Bloomberg

Ad tech firm Taboola will go public after merging with ION Acquisition Corp 1 Ltd, a blank check company sponsored by ION Asset Management Ltd, reported Bloomberg.

Ad tech firm Taboola will go public after merging with ION Acquisition Corp 1 Ltd, a blank check company sponsored by ION Asset Management Ltd, reported Bloomberg. The news outlet noted that the deal values Taboola at $2.6 billion. Credit Suisse Group AG was the lead financial and capital markets advisor to Taboola, while Cowen Inc. was the sole financial and capital markets adviser to ION.

Source: Bloomberg