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Ex-Credit Suisse CEO Thiam, Pimco Team Up for $250 Million SPAC
Bloomberg
2/10/2021
Jan-Henrik Förster and David Hellier
(Bloomberg) Former Credit Suisse Group AG Chief Executive Officer Tidjane Thiam is teaming up with Pacific Investment Management Co. for a blank-check company that’s seeking to raise $250 million.
Freedom Acquisition I Corp. plans to offer 25 million units at $10 apiece in its U.S. initial public offering, it said in a filing Wednesday. Pimco, the investment unit of Allianz SE that manages about $2 trillion of assets, is a co-sponsor of Freedom Acquisition and plans to buy as much as 9.9% of the offering. ....

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