SoftBank-backed Grab in talks to go public in $40 billion SPAC deal: WSJ

SoftBank-backed Grab in talks to go public in $40 billion SPAC deal: WSJ

3 years ago
Anonymous $hYN7Hy7o7J

https://www.reuters.com/article/us-grab-m-a-altimeter-capital-spac/softbank-backed-grab-in-talks-to-go-public-in-40-billion-spac-deal-wsj-idUSKBN2B32RX

Grab Holdings Inc is in talks to go public through a merger with a blank-check firm controlled by Altimeter Capital Management LP that could value the SoftBank-backed ride-hailing company at nearly $40 billion, the Wall Street Journal reported on Thursday.