Grab is going public in $40 billion SPAC deal

Video Credit: Bleacher Report AOL
Published on April 13, 2021 - Duration: 03:12s

Grab is going public in $40 billion SPAC deal

The Singapore-based startup will merge with a SPAC backed by Altimeter Capital in a deal that would pave the way for a New York listing and value Grab at about $39.6 billion.

CNN’s Clare Sebastian explains what the ride-hailing giant is all about.


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