Business

Grab set to announce US$40 bil deal with SPAC

Published on 13 Apr 2021 6:18:00 PM

Southeast Asia's largest ride-hailing and food delivery firm Grab Holdings is set to announce as early as Tuesday (April 13) a merger with US-based Altimeter that will value Grab at nearly US$40 billion and lead to a public listing, three people told Reuters.

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