Grab strikes $40-billion deal to go public in biggest ever blank-check merger

Home > Business
By Poppy in Business
Updated 3 years ago

(Reuters) - Southeast Asia’s largest ride-hailing and food delivery firm Grab Holdings Inc on Tuesday confirmed its $40-billion merger with a publicly-listed shell company backed by Altimeter Capital, marking the biggest ever deal with a blank check firm.

grab-strikes-40-billion-deal-to-go-public-in-biggest-ever-blank-check-merger