Southeast Asia's Grab says to complete $40 bln SPAC merger in Q4

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Southeast Asia's Grab says to complete $40 bln SPAC merger in Q4

Reuters2021-06-09

SINGAPORE, June 9 (Reuters) - Southeast Asia's Grab, which is going public through a merger worth $40 billion with special-purpose acquisition company Altimeter Growth Corp

said on Wednesday it expects to complete the business combination during the fourth quarter.

The company had previously said it aimed to close the deal by July.

(Reporting by Anshuman Daga and Aradhana Aravindan; Editing by Martin Petty)

((aradhana.aravindan@thomsonreuters.com;))

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lexxselrahc
·2021-08-25
Any news of any further delays? Or would this be right sizing?
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