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Singapore s Grab Delays Merger Completion to Fourth Quarter

Singapore’s Grab Delays Merger Completion to Fourth Quarter Bloomberg 1 hr ago Yoolim Lee © Bloomberg Grab s Operations in Singapore as Southeast Asia s Most Valuable Startup Merges with Altimeter Growth (Bloomberg) Singapore’s Grab Holdings Inc. postponed the expected completion of its merger with a U.S. blank-check company as the ride-hailing and food-delivery giant works on a financial audit of the past three years. Popular Searches The deal, set to be one of the largest-ever mergers with a blank-check company, is now expected to be completed in the fourth quarter of this year, the company said in a statement on Wednesday. When announcing the merger in April, Grab expected completion in the third quarter.

Singapore s Grab delays merger completion to Q4

Singapore’s Grab delays merger completion to Q4 published : 9 Jun 2021 at 20:01 FILE PHOTO: A man walks past a Grab office in Singapore on March 26, 2018. (Reuters) Singapore’s Grab Holdings Inc postponed the expected completion of its merger with a US blank-check company as the ride-hailing and food-delivery giant works on a financial audit of the past three years. The deal, set to be one of the largest-ever mergers with a blank-check company, is now expected to be completed in the fourth quarter of this year, the company said in a statement on Wednesday. When announcing the merger in April, Grab expected completion in the third quarter.

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