Money
Singapore-based Grab, GoTo revive talks for ride-hailing merger
Friday, 09 Feb 2024 3:01 PM MYT
NEW YORK, Feb 9 — Grab Holdings and GoTo, Southeast Asia’s biggest ride-hailing companies, have restarted talks for a merger, Bloomberg News reported today.
The companies are in preliminary discussions over a variety of scenarios, the report said, citing people familiar with the matter.
One such is for Singapore-based Grab to acquire GoTo using cash, stock, or a combination of the two, Bloomberg said. — Reuters
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