Page 38 - சிறப்பு நோக்கம் கையகப்படுத்தல் நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Asian ride-hailing company Grab plans a US listing after merging with the investment fund Altimeter Capital Management in an operation that values Grab at $39.6 billion (€33.3bn), the company said on Tuesday. The listing, planned “in the coming months” on the Nasdaq exchange, would be the biggest global market launch via a Special Purpose Acquisition Company (SPAC), a statement issued by the Singapore-based company said. If successful, it should provide Grab with $4.5 billion in fresh funds, the company added. The deal would involve Grab, a popular ride-hailing company that also delivers meals and provides financial services, merging with what is sometimes called a “blank-cheque vehicle” that is already listed and whose business consists of helping stock market flotations.

Purpose acquisition companyAltimeter capital managementSpecial purpose acquisition companyநோக்கம் கையகப்படுத்தல் நிறுவனம்சிறப்பு நோக்கம் கையகப்படுத்தல் நிறுவனம்