Tidjane Thiam’s SPAC in Talks with Mexican Fintech Credijusto: Report

Tidjane Thiam’s blank-check company is in exclusive talks with Mexican fintech group Credijusto and Latin American corporate data provider CIAL Dun & Bradstreet with the aim of merging and listing the companies in New York later this year, the Financial Times reports.

The former Credit Suisse CEO has targeted Credijusto, a six-year-old banking start-up, because of its fast growth among underserved small businesses in Latin America, according to people familiar with the discussions. The deal is reportedly valued at $1.5 billion.

Thiam raised $345 million for his SPAC Freedom Acquisition. Read more.

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