Reuters exclusively reports Grab’s secondary listing
Reuters reported exclusively that Grab Holdings, Southeast Asia’s ride-hailing to delivery giant, is considering a secondary listing in its home […] The post Reuters exclusively reports Grab’s secondary listing appeared first on Reuters News Agency.
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Reuters reported exclusively that Grab Holdings, Southeast Asia’s ride-hailing to delivery giant, is considering a secondary listing in its home market of Singapore after completing a Nasdaq listing via a $40 billion SPAC merger. Listing on Singapore Exchange would enable Grab to have an investor base close to where its regional business is based, potentially offering its customers, drivers and merchant partners easier access to trade its shares. The potential Singapore listing plans come after Grab last week struck a $40 billion merger with Altimeter Growth Corp., setting a record for the world’s biggest SPAC deal.
The post Reuters exclusively reports Grab’s secondary listing appeared first on Reuters News Agency.
