Tidjane Thiam's New York Spac raises $300m

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By Aidan Gregory
26 Feb 2021

A new special purpose acquisition company backed by Tidjane Thiam, the former CEO of Credit Suisse, has raised $300m from investors.

The size of the IPO was increased from its initial $250m target due to the strength of the demand for stock.

Freedom Acquisition Corp I, as the new Spac will be known, is scheduled to begin trading on the New York Stock Exchange on Friday. Once listed, the ...

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