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Churchill Capital Corp II Announces Additional $400 Million Investment and Strategic Support Agreement With Prosus N.V. in Connection With Skillsoft and Global Knowledge Transactions

Nov 11, 2020•almost 5 years ago

Amount Raised

$400 Million

New York

Description

 Churchill Capital Corp II ("Churchill II") (NYSE: CCX.U), announced today that Prosus N.V. ("Prosus"), a global consumer internet group and one of the largest technology investors in the world, has exercised its previously announced option to invest an additional $400 million in Churchill II's planned acquisition of Software Luxembourg Holding S.A. ("Skillsoft") and Global Knowledge Training LLC ("Global Knowledge"), bringing Prosus's total investment in Churchill II in connection with the transaction to $500 million.

Company Information

Company

Churchill Capital Corp Ii

Location

New York, New York, United States

About

Churchill Capital Corp II is a special purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Churchill II was founded by Michael Klein, who is also the founder and managing partner of M. Klein and Company. The Company raised $690 million in its IPO in June 2019 and is listed on the New York Stock Exchange (NYSE:CCX.U). For more information, visit https://churchillcapitalcorp.com/.

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