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LETTER | Grab: From a noble mission to a US$40 billion decacorn


LETTER | Grab: From a noble mission to a US$40 billion decacorn
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LETTER | On April 13, Grab Holdings Inc (Grab) announced it intends to go public in the United States in partnership with Altimeter Growth Corp (AGC) in what is expected to be the largest-ever US equity offering by a Southeast Asian company.
But instead of going for the traditional initial public offering (IPO), Grab has chosen to partner with a special purpose acquisition company (SPAC) to bring the new entity to the public market. In a SPAC deal, a publicly-listed shell company created by investors acquires a target company. ....

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Abercrombie & Fitch inks renewable energy deal


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Abercrombie & Fitch Co. is shifting to renewable energy in its headquarters and distribution centers.
The apparel retailer plans to source all electricity used at its home office in New Albany, Ohio, and two distribution centers in New Albany, Ohio, from renewable generation beginning in 2023. Abercrombie has signed a 13-year, 100% renewable energy supply agreement with fellow Ohio-based company AEP Energy, a subsidiary of American Electric Power. 
The agreement is for approximately 30,000 megawatt hours annually and will reduce approximately 16,000 metric tons of carbon from the atmosphere each year. This is equivalent to the carbon sequestered by over 27,000 acres of U.S. forests over the 13-year term. ....

New Albany , United States , Kim Harr , American Electric Power , Abercrombie Fitch Co , Raf Co , Worthington Energy Consultants , American Electric , Total Scope , புதியது அல்பானி , ஒன்றுபட்டது மாநிலங்களில் , கிம் ஹார் , அமெரிக்கன் மின்சார பவர் , அபெர்கிராம்பி ஃபிட்ச் இணை , அப் இணை , வொர்திங்டன் ஆற்றல் ஆலோசகர்கள் , அமெரிக்கன் மின்சார , மொத்தம் வாய்ப்பு ,