Acasta Enterprises set to raise C$275 million in Toronto IPO
June 25, 2015 at 09:42 AM EDT
TORONTO, June 25 (Reuters) - Acasta Enterprises Inc plans to raise C$275 million ($222.08 million) through an initial public offering in Toronto, joining a line of special purpose acquisition corporations (SPACs) with high-profile backers raising public capital to pursue acquisitions.