Deal snapshot: Southeast Asian Superapp Grab to Go Public in Partnership with Altimeter.
MANews-(C)2009-2021
Singapore-based superapp platform Grab Holdings Inc plans to go public in the US in partnership with US-based investment firm Altimeter Growth Corp. (NASDAQ: AGC) in what is expected to be the largest-ever US equity offering by a Southeast Asian company, the company said.
The combined company expects its securities will be traded on NASDAQ under the symbol "GRAB" in the coming months. The proposed transactions value Grab at an...
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