Singapore-based technology company Grab looks set to finalise its listing in New York, according to the Financial Times.

The group’s listing will take place with one of Altimeter Capital’s two Altimer Growth special purpose acquisition companies (SPAC), the fund Altimeter Growth 1, as soon as this week, according to the Financial Times’ sources.

Altimeter Growth 1 raised US$450 million in 2020. Its share price has risen 25% since its listing.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook