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.