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Singapore’s Grab to List in U.S. in $40 Billion SPAC Deal Bloomberg 1 day ago Yoolim Lee (Bloomberg) -- Grab Holdings Inc., Southeast Asia’s most valuable startup, is going public in the U.S. through the largest-ever merger with a blank-check company. The Singapore-based startup is set to have a market value of about $39.6 billion after the combination with Altimeter Growth Corp., the special purpose acquisition company of Brad Gerstner’s Altimeter Capital Management, the firms said in a statement Tuesday. Grab is raising more than $4 billion from investors including B...

(April 13):Grab Holdings Inc, Southeast Asia’s most valuable startup, is going public in the US through a merger with blank-cheque company Altimeter Growth Corp in what is the largest-ever deal of its kind. The Singapore-based startup is set to have a market value of about US$39.6 billion after the combination with the special purpose acquisition company of Brad Gerstner’s Altimeter Capital Management, the firms said in a statement Tuesday. Grab is raising more than US$4 billion from investors including BlackRock Inc, Fidelity International and T. Rowe Price Group Inc as part of the bigge...

Pathway Vet Alliance Purchases Vetspire Pathway Vet Alliance, a U.S. veterinary management group serving pets and owners, has acquired Vetspire, an artificial intelligence veterinary medical record and practice management platform, the company announced Tuesday. Terms of the acquisition were not disclosed. “In addition to Vetspire’s excellent practice management platform and medical records system, one of the things that made this acquisition an attractive opportunity was their vision to create an experience that allows veterinarians to focus on what they love – providing care for pets...

Looking into the current session, Evercore Inc. (NYSE:EVR) is trading at $133.22, after a 1.32% decrease. Over the past month, the stock decreased by 5.41%, but over the past year, it actually went up by 144.18%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio. Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently below from its 52 week...

UBS Vows to Pay Up to Rebuild Australia Team After Raid This content was published on March 15, 2021 - 21:47 March 15, 2021 - 21:47 (Bloomberg) -- UBS Group AG has vowed to pay up for top talent to rebuild its team in Australia following a poaching spree from upstart rivals in the country where the Swiss bank has dominated deals in recent decades. The Australian business, consistently one of the best performers for the bank globally, has been under pressure in recent months as former executives heading up new rivals lure staff with big payouts. Still, Anthony Sweetman, co-chief executive offi...