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Singapore's Grab strikes $40 billion deal in record SPAC merger

Reuters, 13 Apr 2021
Southeast Asia’s biggest ride-hailing and food delivery firm, Grab Holdings, agreed a merger on Tuesday with special-purpose acquisition company Altimeter Growth Corp securing a valuation of nearly $40 billion and paving the way for a coveted U.S. listing.

#Grab #Altimeter #Business #Technology #News #Reuters

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