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Foley Trasimene Acquisition (WPF) Said Near $7.3 Billion Deal with Alight - Bloomberg

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SPAC Foley Trasimene Acquisition Corp (WPF) Confirms Merger with Alight Solutions

January 25, 2021 7:07 AM EST

Alight Solutions, a leading cloud-based provider of integrated digital human capital and business solutions, and Foley Trasimene Acquisition Corp. (NYSE: WPF, WPF WS), a special purpose acquisition company, today announced that they have entered into a definitive business combination agreement. Upon closing of the transaction, the combined company (the "Company") will operate as Alight, Inc. and plans to list under the symbol ALIT. The transaction reflects an implied pro-forma enterprise value for Alight of approximately $7.3 billion.

With more than 25 years of operating experience, Alights human capital business process as a service (BPaaS) solutions unite SaaS capabilities, AI,... More