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


(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.

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(Editing by Una Galani and Katrina Hamlin)

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  • Andytch
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  • Andytch
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