Southeast Asia's Grab says to complete $40 bln SPAC merger in Q4
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard
SATURDAY, MAY 21, 2022
SATURDAY, MAY 21, 2022
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Splash
  • Features
  • Videos
  • Long Read
  • Games
  • Epaper
  • More
    • COVID-19
    • Bangladesh
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Subscribe
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
Southeast Asia's Grab says to complete $40 bln SPAC merger in Q4

Global Economy

Reuters
09 June, 2021, 04:05 pm
Last modified: 09 June, 2021, 04:08 pm

Related News

  • Grab considering secondary Singapore listing after US SPAC merger - sources
  • Grab, Southeast Asia's biggest startup, set for bumper US listing
  • Grab to unveil world's biggest SPAC merger, valued at nearly $40 billion
  • Grab seeks US listing with $40 billion valuation
  • BNP is plotting to grab state power: Quader

Southeast Asia's Grab says to complete $40 bln SPAC merger in Q4

The company had previously said it aimed to close the deal by July.

Reuters
09 June, 2021, 04:05 pm
Last modified: 09 June, 2021, 04:08 pm
FILE PHOTO: A woman uses her phone near a sign for the online ride-hailing service Grab at the Manggarai train station in Jakarta, Indonesia July 3, 2017. REUTERS/Agoes Rudianto/File Photo
FILE PHOTO: A woman uses her phone near a sign for the online ride-hailing service Grab at the Manggarai train station in Jakarta, Indonesia July 3, 2017. REUTERS/Agoes Rudianto/File Photo

Southeast Asia's Grab, which is going public through a merger worth $40 billion with special-purpose acquisition company Altimeter Growth Corp said on Wednesday it expects to complete the business combination during the fourth quarter.

The company had previously said it aimed to close the deal by July.

Top News / World+Biz / South Asia

Grab

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Infographic: TBS
    Tough conditions get in way of Indian wheat import
  • Zahid Hussain/TBS Sketch
    Our problematic macroeconomic duo
  • Illustration: TBS
    ‘High logistics cost weakens Bangladesh’s competitiveness’

MOST VIEWED

  • Russia stops Finland gas flow over payments dispute
    Russia stops Finland gas flow over payments dispute
  • US growth seen outpacing China’s for first time since 1976
    US growth seen outpacing China’s for first time since 1976
  • A worker displays grains of wheat at a mill in Beirut, Lebanon, March 1, 2022. REUTERS/Mohamed Azakir/File Photo
    Russia can offer 25 mln tonnes of grain for export starting on 1 Aug: UN envoy
  • A model of the natural gas pipeline is seen in front of displayed German and Russian flag colours in this illustration taken April 26, 2022. REUTERS/Dado Ruvic/Illustration
    Fearing Russian cutoff, German industry braces for gas rations race
  • A man walks past a Nationwide Building Society in London, Britain, May 22, 2019. REUTERS/Hannah McKay
    Britain's Nationwide annual profit nearly doubles
  • Protestors stand on a water cannon vehicle as they shout slogans during a protest organised by students near the President's House, amid the country's economic crisis, in Colombo, Sri Lanka, May 19, 2022. REUTERS/Adnan Abidi/File Photo
    'We are going to die': Sri Lanka warns of food shortages

Related News

  • Grab considering secondary Singapore listing after US SPAC merger - sources
  • Grab, Southeast Asia's biggest startup, set for bumper US listing
  • Grab to unveil world's biggest SPAC merger, valued at nearly $40 billion
  • Grab seeks US listing with $40 billion valuation
  • BNP is plotting to grab state power: Quader

Features

Illustration: TBS

‘High logistics cost weakens Bangladesh’s competitiveness’

1h | Panorama
Every morning is a new beginning for all

Seashore

2h | In Focus
2023 Rolls-Royce Phantom debuts with new illuminated grille

2023 Rolls-Royce Phantom debuts with new illuminated grille

29m | Wheels
Retro wheels for nostalgic riders

Retro wheels for nostalgic riders

59m | Wheels

More Videos from TBS

Ways to retain body fragrance

Ways to retain body fragrance

21h | Videos
Gazipur restaurant that serves 150 food items

Gazipur restaurant that serves 150 food items

1d | Videos
How to prepare for a job

How to prepare for a job

1d | Videos
Putin's strategies to face Nato

Putin's strategies to face Nato

1d | Videos

Most Read

1
Tk100 for bike, Tk2,400 for bus to cross Padma Bridge
Bangladesh

Tk100 for bike, Tk2,400 for bus to cross Padma Bridge

2
A packet of US five-dollar bills is inspected at the Bureau of Engraving and Printing in Washington March 26, 2015. REUTERS/Gary Cameron
Banking

Dollar hits Tk100 mark in open market

3
The story of Bangladesh becoming a major bicycle exporter
Industry

The story of Bangladesh becoming a major bicycle exporter

4
PK Halder: How a scamster rose from humble beginnings to a Tk11,000cr empire
Crime

PK Halder: How a scamster rose from humble beginnings to a Tk11,000cr empire

5
Representative Photo: Pixabay.
Bangladesh

Microplastics found in 5 local sugar brands

6
Mushfiq Mobarak. Photo: Noor-A-Alam
Panorama

Meet the Yale professor who anchors his research in Bangladesh and scales up interventions globally

The Business Standard
Top
  • Home
  • Entertainment
  • Sports
  • About Us
  • Bangladesh
  • International
  • Privacy Policy
  • Comment Policy
  • Contact Us
  • Economy
  • Sitemap
  • RSS

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net

Copyright © 2022 THE BUSINESS STANDARD All rights reserved. Technical Partner: RSI Lab