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Grab Weighs Takeover of Rival GoTo
Grab Weighs Takeover of Rival GoTo at $7 Billion Valuation
Grab Holdings Ltd. is weighing a takeover of rival GoTo Group at a valuation of more than $7 billion, accelerating talks for a combination to end years of losses in Southeast Asia’s competitive internet market.
Grab and GoTo reportedly in talks for potential merger
Ride-hailing and food delivery company Grab is reportedly in advanced talks to merge with Indonesian competitor GoTo.
Grab stock rises on potential GoTo takeover
Grab Holdings (NASDAQ: NASDAQ:GRAB) shares climbed 8% amid reports that the company is considering a takeover bid for rival GoTo Group, which could value the Indonesian company at over $7 billion. The potential all-stock deal suggests a premium of roughly 20% above GoTo's current share price,
Grab Holdings debates takeover of GoTo at valuation of $7B, Bloomberg says
Grab Holdings (GRAB) is debating on a takeover of rival GoTo Group at a valuation of over $7B, Olivia Poh and Yoolim Lee of Bloomberg reports.
1d
M&A News: Grab Holdings Stock Surges on Buzz Around GoTo Merger Deal
Grab Holdings Limited (GRAB) stock surged over 12% amid speculation of a potential merger deal with its Indonesia-based rival ...
1d
Indonesia’s GoTo Denies Ride-Hailing Company In Merger Talks With Rival Grab
GoTo has denied news reports that the Indonesian ride-hailing and e-commerce giant is again discussing a potential merger with Singapore-based rival Grab Holdings, a move that could pose significant ...
dealstreetasia
1d
Grab and GoTo said to have revived merger talks with 2025 deal in sight
The on-and-off merger discussions between Southeast Asia’s two largest tech giants, Nasdaq-listed Grab Holdings and Indonesia ...
1d
Grab jumps 8% to $4.89 after GoTo merger talks report, HSBC upgrade
EST Grab jumps 8% to $4.89 after GoTo merger talks report, HSBC upgradeMaximize Your Portfolio with Data Driven Insights:Leverage the ...
Stocktwits on MSN
1d
Grab Holdings Stock Soars On Merger Speculation With Rival GoTo: Retail Goes Berserk
Grab Holdings (GRAB) shares jumped over 13% on Tuesday, fueled by reports of a potential merger with rival GoTo Group and an ...
Channel NewsAsia Singapore
1d
Grab and GoTo in advanced merger talks, sources say
SINGAPORE: Southeast Asian ride-hailing and food delivery company Grab is in advanced talks to merge with its smaller ...
2d
Grab and Gojek parent GoTo accelerate merger talks, aiming for deal in 2025
Shares of GoTo advanced as much as 6.2 per cent in Jakarta on Feb 4, bringing their gain this year to more than 20 per cent.
2d
Grab, GoTo accelerate merger talks and aim for deal in 2025
Discussions have intensified in recent weeks and the companies see 2025 as an opportune year for a deal, according to people ...
MediaPost
1d
GoTo Foods's Irene Shtrulis on Motivating and Inspiring Her Team
GoTo Foods's Director & GM, eCommerce - Retail Channels & Licensing Division also discussed her favorite brands to work on ...
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