Grab to Go Public in Record-Breaking $40B SPAC Merger

Southeast Asia’s ride-hailing giant and leading ‘super-app’ Grab Holdings Inc. announced Tuesday that it would go public on the Nasdaq Stock Market by merging with a special-purpose acquisition company, securing a near-$40 billion valuation in a new milestone for the SPAC backed by Altimeter Capital boom that has swept U.S. financial markets and Grab plans to … Continue reading Grab to Go Public in Record-Breaking $40B SPAC Merger