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DGAP-PVR: Aareal Bank AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

Grab for record listing with RM163.7b mart deal | Daily Express Online


Published on: Wednesday, April 14, 2021
By: Bloomberg
Bernama pic for illustration only.
SINGAPORE: Grab Holdings Inc, Southeast Asia’s most valuable start-up, is going public in the US through a merger with blank-check company Altimeter Growth Corp in what is the largest-ever deal of its kind.
The Singapore-based start-up is set to have a market value of about US$39.6 billion (RM163.77 billion) after the combination with the special purpose acquisition company (SPAC) of Brad Gerstner’s Altimeter Capital Management, the firms said.
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 biggest US equity offering by a Southeast Asian company. ....

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Singapore's Grab to List in U.S. in $40 Billion SPAC Deal


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 BlackRock Inc., Fidelity International and T. Rowe Price Group Inc. as part of the biggest U.S. equity offering by a Southeast Asian company. ....

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