Grab Holdings Stock Surges on Buzz Around GoTo Merger Deal

M&A News: Grab Holdings Stock Surges on Buzz Around GoTo Merger Deal
Grab Holdings Limited (GRAB) stock surged over 12% amid speculation of a potential merger deal with its Indonesia-based rival, GoTo. According
Grab Holdings Stock Soars On Merger Speculation With Rival GoTo: Retail Goes Berserk
Grab Holdings (GRAB) shares jumped over 13% on Tuesday, fueled by reports of a potential merger with rival GoTo Group and an HSBC rating upgrade. According to a report by DealStreetAsia, the two Southeast Asian companies are again negotiating a merger and aiming for a 2025 deadline for the deal.
Grab Holdings stock price forecast amid GoTo merger talks
The Grab Holdings stock price has pulled back in the past few weeks as its growth momentum faded and competition rose. GRAB was trading at $4.55 on Monday, down by over 20% from its highest level in 2024.
Grab jumps 8% to $4.89 after GoTo merger talks report, HSBC upgrade
EST Grab jumps 8% to $4.89 after GoTo merger talks report, HSBC upgradeMaximize Your Portfolio with Data Driven Insights:Leverage the
Indonesia’s GoTo Denies Ride-Hailing Company In Merger Talks With Rival Grab
GoTo has denied news reports that the Indonesian ride-hailing and e-commerce giant is again discussing a potential merger with Singapore-based rival Grab Holdings, a move that could pose significant regulatory hurdles.
Grab Holdings gains on GoTo deal talks, HSBC upgrade
Grab Holdings (NASDAQ:GRAB) jumped 9% in premarket trading after a report that it's considering a takeover of rival GoTo Group (OTCPK:GTOFF) at a valuation of more than $7 billion. The ride-sharing provider was also upgraded to buy at HSBC.
Why Is Grab Stock Trading Higher On Tuesday?
Grab Holdings Ltd. (NASDAQ: GRAB) and GoTo resume merger talks, aiming for completion by 2025. The merger could strengthen both companies' position against competitors like Uber (NYSE: UBER) in ...
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JPMorgan downgrades Grab Holdings, says take profits after rally
JPMorgan analyst Ranjan Sharma downgraded Grab Holdings (GRAB) to Neutral from Overweight with an unchanged price target of $5.60. The firm ...
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DeSPAC/PIPE Deal: Grab Holdings’ US$39.6bn deSPAC and US$4bn PIPE
South-East Asia’s largest ride-hailing and food delivery company Grab Holdings created history when it opted to list in the US through a merger with a special purpose acquisition company in the ...