Grab closing in on $35B SPAC deal, largest-ever
Singapore-based ride-hailing company could announce merger with Altimeter Growth SPAC as soon as this week according to report
0 93 2 minutes read Singapore-based ride-hailing company Grab is expected to go public via a SPAC with a fund from Altimeter Growth, according to a report. (Photo: Grab)
Southeast Asia ride-hailing company Grab will go public through a special purpose acquisition company (SPAC) in a $35 billion deal that will list the Singapore-based company on the NASDAQ.
The Financial Times reported on Wednesday that the deal with one of Altimeter Growth’s SPACs is expected to be finalized this week. News of the possible deal was covered by Modern Shipper in early March and first reported by The Wall Street Journal.
Drone delivery par for the course — Modern Shipper
freightwaves.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freightwaves.com Daily Mail and Mail on Sunday newspapers.
California proposes electric vehicles standard for rideshare companies
freightwaves.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freightwaves.com Daily Mail and Mail on Sunday newspapers.
Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM) - California Proposes Electric Vehicles Standard For Rideshare Companies
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.