Singapore watchdog fines Grab, Uber $9.5 mn over merger
https://phys.org/news/2018-09-singapore-watchdog-fines-uber-mn.html
In return, Uber received a 27.5 percent stake in Grab.
However the deal came under scrutiny across the region, and the Competition and Consumer Commission of Singapore was among watchdogs in several countries that launched probes.
Singapore watchdog fines Grab, Uber $9.5 mn over merger
Sep 24, 2018, 7:21am UTC
https://phys.org/news/2018-09-singapore-watchdog-fines-uber-mn.html
> In return, Uber received a 27.5 percent stake in Grab.
> However the deal came under scrutiny across the region, and the Competition and Consumer Commission of Singapore was among watchdogs in several countries that launched probes.