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Energy SPAC Sentinel Energy Services prices $300 million IPO at $10

November 3, 2017
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Sentinel Energy Services, a blank check company created by former Schlumberger executives to acquire an energy business, raised $300 million by offering 30 million units at $10, as expected. Sentinel Energy Services plans to list on the Nasdaq under the symbol STNLU. Citi, Goldman Sachs and Credit Suisse acted as lead managers on the deal.