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Acquisition of Uber by Grab could clear the speed bumps for ComfortDelGro

Samantha Chiew
Samantha Chiew • 2 min read
Acquisition of Uber by Grab could clear the speed bumps for ComfortDelGro
SINGAPORE (Mar 9): Maybank Kim Eng is maintaining its “buy” call on ComfortDelGro with a target price of $2.35.
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SINGAPORE (Mar 9): Maybank Kim Eng is maintaining its “buy” call on ComfortDelGro with a target price of $2.35.

This came on the back of Bloomberg yesterday reporting that Grab is seeking to acquire Uber’s Southeast Asian business.

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ComfortDelGro (CDG)
Uber
Grab
Broker's calls
Broker's calls
Ministry of Transport (MOT)

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