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Singapore's Grab to list in US in US$40-B SPAC deal – Manila Bulletin

Singapore's Grab to list in US in US$40-B SPAC deal – Manila Bulletin
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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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Grab to list in US in record US$40b SPAC deal

(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 biggest US equity offering by a Southeast Asian company. ....

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Gojek nears Tokopedia merger ahead of public listing

They aim to reach an agreement as early as this month, said sources.. Read more at straitstimes.com. ....

Jakarta Raya , Masayoshi Son , Alibaba Group Holding Ltd , Holdings Inc , Temasek Holdings Pte , Softbank Group Corp , Sea Ltd , Grab Holdings , Southeast Asian , Bank Group , Grab Chief Executive Officer Anthony Tan , Sequoia Capital , ஜகார்த்தா ராய , அலிபாபா குழு வைத்திருத்தல் லிமிடெட் , ஹோல்டிங்ஸ் இன்க் , தேமாஸேக் ஹோல்டிங்ஸ் ட் , சாப்ட் பேங்க் குழு கார்ப் , கடல் லிமிடெட் , பிடுங்க ஹோல்டிங்ஸ் , தென்கிழக்கு ஆசிய , வங்கி குழு , பிடுங்க தலைமை நிர்வாகி அதிகாரி அந்தோணி பழுப்பு , சீக்வோயா மூலதனம் ,

Gojek, Tokopedia said to be finalising terms of mega merger ahead of a dual listing

The latest terms under discussion call for Gojek shareholders to own about 60% of the combined entity, while Tokopedia’s investors hold 40%. ....

Jakarta Raya , Masayoshi Son , Alibaba Group Holding Ltd , Holdings Inc , Temasek Holdings Pte , Softbank Group Corp , Sea Ltd , Grab Holdings , Southeast Asian , Bank Group , Grab Chief Executive Officer Anthony Tan , Sequoia Capital , ஜகார்த்தா ராய , அலிபாபா குழு வைத்திருத்தல் லிமிடெட் , ஹோல்டிங்ஸ் இன்க் , தேமாஸேக் ஹோல்டிங்ஸ் ட் , சாப்ட் பேங்க் குழு கார்ப் , கடல் லிமிடெட் , பிடுங்க ஹோல்டிங்ஸ் , தென்கிழக்கு ஆசிய , வங்கி குழு , பிடுங்க தலைமை நிர்வாகி அதிகாரி அந்தோணி பழுப்பு , சீக்வோயா மூலதனம் ,