Southeast Asia's Grab says to complete $40 billion SPAC merger in Q4 By Reuters

Southeast Asia's Grab says to complete $40 billion SPAC merger in Q4 By Reuters


© Reuters. FILE PHOTO: A Grab logo is pictured at the Money 20/20 Asia Fintech Trade Show in Singapore March 21, 2019. Picture taken March 21, 2019. REUTERS/Anshuman Daga/File Photo

SINGAPORE (Reuters) – Southeast Asia’s Grab, which is going public through a merger worth $40 billion with special-purpose acquisition company Altimeter Growth Corp said on Wednesday it expects to complete the business combination during the fourth quarter.

The company had previously said it aimed to close the deal by July.

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