New $300m SPAC by James Murdoch's unit eyes South, SE Asia

New $300m SPAC by James Murdoch's unit eyes South, SE Asia

Photographer: Victor J. Blue/Bloomberg

Media billionaire James Murdoch’s investment company Lupa Systems and former Walt Disney Asia Pacific president Uday Shankar have launched Seven Islands Inc, a new blank-cheque company aiming to raise $300 million to invest in the South and Southeast Asian region.