Singapore's Grab to go public in world's biggest $40 billion SPAC merger

Singapore's Grab to go public in world's biggest $40 billion SPAC merger

3 years ago
Anonymous $4BDEsVAtYS

https://www.reuters.com/article/us-grab-m-a-altimeter-growth/singapores-grab-to-go-public-in-worlds-biggest-40-billion-spac-merger-idUSKBN2C00H6

SINGAPORE (Reuters) -Grab Holdings, the largest ride-hailing and food delivery firm in Southeast Asia, clinched 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 to go public in world's biggest $40 billion SPAC merger

Apr 13, 2021, 2:30pm UTC
https://www.reuters.com/article/us-grab-m-a-altimeter-growth/singapores-grab-to-go-public-in-worlds-biggest-40-billion-spac-merger-idUSKBN2C00H6 >SINGAPORE (Reuters) -Grab Holdings, the largest ride-hailing and food delivery firm in Southeast Asia, clinched 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.