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Singapore-based Grab's plan to acquire Indonesia's GoTo to create a dominant Southeast Asian ride hailing and food delivery ...
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bne IntelliNews on MSNGrab-GoTo merger sparks monopoly fears, nationalist pushback in IndonesiaBy bno - Surabaya Office The potential merger between Southeast Asia’s two ride-hailing giants, Grab and Indonesia’s GoTo ...
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Grab Plays Down GoTo Deal, Says No Talks ‘at This Time’Grab Holdings Ltd. said it isn’t in talks to acquire GoTo Group “at this time,” signaling it’s halting or at least pausing a planned $7 billion acquisition of its Southeast Asia internet peer.
Grab Holdings' investment thesis hinges on fintech expansion, ecosystem potential, and strategic M&A optionality. Check out ...
Grab plans to raise $1.25 billion via convertible bonds to fund buybacks and acquisitions, it said after issuing a fresh ...
GoTo shares rose as much as 6.6 per cent in Jakarta on June 10 after Singapore-based Grab said on June 9 that it will issue convertible bonds that mature in June 2030, partly to fund potential ...
The Grab/GoTo acquisition is likely to happen at some point and this will change the dynamic of the Southeast Asian market. There's no argument against the fundamentals massively improving year-on ...
GoTo will be selling off its international unit, two separate sources familiar with the matter said. In Indonesia, GoTo will sell its entire operations except its finance arm to Grab, one of the ...
This came after shares of GoTo Group fell following management's clarification regarding a potential merger with Grab. According to IDN Financials, the company's shares dropped 5.75% to IDR 82 per ...
JAKARTA/SINGAPORE (Reuters) -Singapore-based Grab's plan to acquire Indonesia's GoTo to create a dominant Southeast Asian ride hailing and food delivery company has run into regulatory hurdles ...
[JAKARTA/SINGAPORE] Singapore-based Grab’s plan to acquire Indonesia’s GoTo to create a dominant South-east Asian ride hailing and food delivery company has run into regulatory hurdles, three sources ...
JAKARTA/SINGAPORE (Reuters) -Singapore-based Grab's plan to acquire Indonesia's GoTo to create a dominant Southeast Asian ride hailing and food delivery company has run into regulatory hurdles ...
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