Singapore's Grab strikes $40 billion deal in record SPAC merger

Singapore's Grab strikes $40 billion deal in record SPAC merger

3 years ago
Anonymous $4BDEsVAtYS

https://www.reuters.com/article/us-grab-m-a-altimeter-growth/singapores-grab-strikes-40-billion-deal-in-record-spac-merger-idUSKBN2C00H6

Southeast Asia's biggest ride-hailing and food delivery firm, Grab Holdings, agreed a merger on Tuesday with special-purpose acquisition company Altimeter Growth Corp securing a valuation of nearly $40 billion and paving the way for a coveted U.S. listing.

Singapore's Grab strikes $40 billion deal in record SPAC merger

Apr 13, 2021, 1:25pm UTC
https://www.reuters.com/article/us-grab-m-a-altimeter-growth/singapores-grab-strikes-40-billion-deal-in-record-spac-merger-idUSKBN2C00H6 >Southeast Asia's biggest ride-hailing and food delivery firm, Grab Holdings, agreed a merger on Tuesday with special-purpose acquisition company Altimeter Growth Corp securing a valuation of nearly $40 billion and paving the way for a coveted U.S. listing.