Africa’s Top Fiber Operator Is in Talks With Betsy Cohen SPAC

Fintech Acquisition Corp. VI, a blank-check company backed by serial dealmaker Betsy Cohen, is in talks to merge with a unit of African telecommunications conglomerate Econet Global, according to people with knowledge of the matter.

The deal would seek to value the unit, Cassava Technologies, at $4 billion or more, one of the people said, asking not to be identified discussing private information. Deliberations are ongoing and may not result in a transaction, the people said.