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Higher-Quality SPAC Sponsors Must Emerge for Once Red-Hot Space to Turn Around nbcconnecticut.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcconnecticut.com Daily Mail and Mail on Sunday newspapers.
Singapore superapp Grab gets USD 40 billion valuation iclg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iclg.com Daily Mail and Mail on Sunday newspapers.
Grab to list in US via $40 billion merger with Altimeter Growth koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.
More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more Grab, the Singapore-headquartered superapp that evolved from ridesharing into food delivery and financial services, is jumping on the blank check bandwagon with a merger with Altimeter Growth Corp. 2 at around a $39.5 billion valuation. Special purpose acquisition company Altimeter Growth Corp. 2, which is chaired by longtime travel and tech investor Brad Gerstner and has Expedia founder and Zillow CEO Rich Barton on its board, did an initial public offering on January 11 as it hunted for potential merger partners. Altimeter Growth Corp. 2, one of Gerstner’s two blank-check companies, would provide Grab, the leading superapp in Southeast Asia, with $4.5 billion in cash proceeds in the merger transaction. ....