Grab set to go public


The combined entity will start trading on the Nasdaq today under the ticker GRAB.

SINGAPORE: Investors voted to approve the merger of ride-hailing provider Grab Holdings Inc and Altimeter Growth Corp, completing one of the largest special purpose acquisition company (SPAC) deals ever after a year of tumult for SPACs and the transaction itself.

The proposal passed at a special shareholder meeting, set the stage for Grab to become a publicly traded company, according to a statement.

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