Grab Holdings

Grab's Anthony Tan is confident SPAC deal will close by year-end - THE EDGE SINGAPORE

IPO

Grab's Anthony Tan is confident SPAC deal will close by year-end

Grab had postponed its expected merger with Altimeter to 4Q21 as it works on an audit of the past three years.

Company in the news

Grab pushes merger with US SPAC to 4Q21

Grab is the latest company to be affected by intensifying scrutiny from US financial regulators on SPAC deals.

IPO

Grab attracts backing from T. Rowe, Temasek for record SPAC deal

Grab's private investment in public equity (PIPE) offering could raise up to US$4 bil.
Briefs: Grab mulls US IPO, Singapore's GDP forecast for 2021, Biden's US$1.9 trillion Covid-19 bill - THE EDGE SINGAPORE

Global Economy

Briefs: Grab mulls US IPO, Singapore's GDP forecast for 2021, Biden's US$1.9 trillion Covid-19 bill

"Client demand is rising... We continue to evaluate it ... and engage on it." - Goldman Sachs' president on Bitcoin's popularity.
Grab mulls US IPO through SPAC merger - THE EDGE SINGAPORE

Company in the news

Grab mulls US IPO through SPAC merger

The company is seeking to expedite its listing process, according to people familiar with the matter.
Watsons and Grab announce regional health and beauty partnership - THE EDGE SINGAPORE

Deals, joint ventures & alliances

Watsons and Grab announce regional health and beauty partnership

The partnership will span across Singapore, Indonesia, Malaysia, Thailand, Vietnam and the Philippines.
Digital bank will not hurt Singtel's ability to pay dividends: UOBKH - THE EDGE SINGAPORE

Broker's Calls

Digital bank will not hurt Singtel's ability to pay dividends: UOBKH

UOBKH says it sees “little earnings impact” in the near term and assumes the digital bank will break even in four-to-five years.
DBS and CGS-CIMB see digital bank licence win as 'positive longer-term development' for Singtel - THE EDGE SINGAPORE

Disruption and Digitalisation

DBS and CGS-CIMB see digital bank licence win as 'positive longer-term development' for Singtel

DBS has upped its TP to $2.75 while CGS has maintained its TP at $3.10.
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