News Formal

Grab to announce merger with US SPAC, to be valued at nearly $40B: sources

  • 📰 ANCALERTS
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 50%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

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

Grab's agreement with a special purpose acquisition company backed by Altimeter Capital includes a $4-billion private investment in public equity from a group of Asian and global investors including Fidelity International and Janus Henderson.

Singapore-based Grab declined to comment. There was no response from Silicon Valley-based Altimeter to an emailed request for comment.The sources declined to be identified due to the sensitivity of the matter. More details to follow.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 26. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

The SARAH G effect 🌟

Sverige Senaste nytt, Sverige Rubriker