BREAKINGVIEWS-Grab can feast on Delivery Hero’s Asia leftovers

Reuters2023-09-21

(The author is a Reuters Breakingviews columnist. The opinions expressed are his own.)

By Anshuman Daga

SINGAPORE, Sept 21 (Reuters Breakingviews) - The Singapore giant is the obvious buyer for its rival’s Southeast Asian food business, a potential $1 bln purchase. It has extended its lead before by gobbling up operations of retreating Western firms. Investors are tepid on the tech recovery but Grab has the muscle for a deal.

Full view will be published shortly.

Follow @anshumandaga on X

(Editing by Una Galani and Katrina Hamlin)

((For previous columns by the author, Reuters customers can click on SIGN UP FOR BREAKINGVIEWS EMAIL ALERTS

| anshuman.daga@thomsonreuters.com; Reuters Messaging: anshuman.daga.thomsonreuters.com@reuters.net))

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Andytch
2023-09-21
Andytch
Great ariticle, would you like to share it?
Andytch
2023-09-21
Andytch
Xt rn

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