all Asia Pacific James Murdoch Uday Shankar stars president Fox

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James Murdoch & Ex-Disney Chief Uday Shankar Bid To Raise $345M Through SPAC

Asia Pacific James Murdoch Uday Shankar stars president Fox

12.05.2021 - 11:07

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deadline.com

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James Murdoch is joining the special purpose acquisition company (SPAC) rush in America, seeking to raise $345 million for his new media and tech venture with Uday Shankar, the former president of The Walt Disney Company Asia Pacific and chairman, Star & Disney India.In a prospectus published late Tuesday, the duo’s Seven Island Inc is using the blank-check vehicle to raise cash from investors in an IPO.

They aim to build a group that will be focused on the South-East and South Asia markets.The prospectus said: “While our efforts to identify a prospective target business will not necessarily be limited to a particular industry, sector or region, we intend to capitalize on our expertise in the media, entertainment, consumer technology,

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