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

Singapore’s Grab to go public in world’s biggest $40b SPAC merger

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 US listing. The merger, the biggest blank-check company deal ever, underscores the frenzy on Wall Street as […]

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