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lowyat - 25 days ago

How Grab Is Going Public Without An IPO

Malaysia-born but now Singapore-based Grab is about to be publicly listed on the New York Stock Exchange. While most companies go public via an IPO (initial public offering), Grab has instead opted for a different method a SPAC deal worth US$39.6 billion (RM 163.7 billion). What’s a SPAC? you may ask. And what’s with [ ] The post How Grab Is Going Public Without An IPO appeared first on Lowyat.NET.


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