News Briefs

Grab to go public via merger with Altimeter Capital SPAC: WSJ

Grab, a Southeast Asia-based ride-hailing platform, is planning on going public via a $39.6 million merger with Altimeter Growth Corp., a blank check company sponsored by Altimeter Capital, reported the Wall Street Journal.

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Grab, a Southeast Asia-based ride-hailing platform, is planning on going public via a $39.6 million merger with Altimeter Growth Corp., a blank check company sponsored by Altimeter Capital, reported the Wall Street Journal. The news outlet noted that Grab will list on the NASDAQ under the ticker symbol “GRAB.”

Source: WSJ