Grab set to list in the US through US$35B SPAC merger: Report

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Southeast Asian ride-hailing giant Grab is set to go public on the New York Stock Exchange through a US$35 billion merger with Altimeter Capital, a special purpose acquisition company (SPAC), the Financial Times (FT) has reported. Grab is set to finalise its merger agreement this week with Altimeter Growth 1, one of Altimeter Capital’s SPACs. The deal is set to…
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