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-GoTo merger could boost their market share in S-E Asia, but deal unlikely to get nod: Analysts
Regulatory hurdles, including competition laws in Singapore and Indonesia, may complicate the deal. Read more at straitstimes.com.
Grab and GoTo in advanced merger talks, sources say
SINGAPORE: Southeast Asian ride-hailing and food delivery company Grab is in advanced talks to merge with its smaller Indonesian rival GoTo as the firms seek to stem years of losses, two sources familiar with the matter told Reuters.
Grab and GoTo aim to reach merger deal this year
Grab Holdings Ltd and GoTo Group have accelerated merger talks and target a deal this year, seeking to end years of losses in South-East Asia’s competitive Internet market.
Grab and Gojek parent GoTo accelerate merger talks, aiming for deal in 2025
Shares of GoTo advanced as much as 6.2 per cent in Jakarta on Feb 4, bringing their gain this year to more than 20 per cent. Grab has declined about 4 per cent in New York so far in 2025. Together, the companies’ market value approaches US$25 billion (S$34 billion), rivaling the capitalisation of some of the biggest companies in South-east Asia.
Grab stock rises on potential GoTo takeover
Grab Holdings (NASDAQ: NASDAQ:GRAB) shares climbed 8% amid reports that the company is considering a takeover bid for rival GoTo Group, which could value the Indonesian company at over $7 billion. The potential all-stock deal suggests a premium of roughly 20% above GoTo's current share price,
Grab and GoTo reportedly in talks for potential merger
Ride-hailing and food delivery company Grab is reportedly in advanced talks to merge with Indonesian competitor GoTo.
Grab Soars 12.8% on $7 Billion GoTo Merger Talks--Is This Southeast Asia's Biggest Tech Shake-Up?
Grab Holdings (NASDAQ:GRAB) is making moves. The ride-hailing giant is back in talks to acquire GoTo Group in an all-stock deal valued at over $7 billion. If this goes through, it'll mark the biggest shake-up in Southeast Asia's digital economy in years.
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
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 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.
Grab Weighs Takeover of Rival GoTo at $7 Billion Valuation
Grab Holdings Ltd. is weighing a takeover of rival GoTo Group at a valuation of more than $7 billion, accelerating talks for ...
JPMorgan cuts Grab stock rating to neutral, keeps $5.60 target
JPMorgan analysts downgraded Grab Holdings Inc. (NASDAQ:GRAB) stock rating from Overweight to Neutral while maintaining a price target of $5.60. The decision comes after a significant 52% rally in ...
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 ...
Citi sees savings, margin upside if Grab acquires GoTo
Citi keeps a Buy rating on Grab Holdings (GRAB) with a $5.90 price target after Bloomberg reported that merger talks between Grab and GoTo ...