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Zaoui’s Spac Odyssey takes drugmaker public in €1.5bn deal
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fnlondon.comInvestment banking brothers, Michael and Yoël Zaoui, are set to take a UK start-up that uses artificial intelligence to develop drugs public through their blank-cheque company unveiled in June.
Odyssey Acquisition, the Zaoui's €300m special purpose acquisition company, will combine with BenevolentAI in a deal that values the company at €1.5bn, according to a statement from the firm.
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