HomeBusinessReport: Grab Pursues Up to $2 Billion Loan for Potential GoTo Acquisition

Report: Grab Pursues Up to $2 Billion Loan for Potential GoTo Acquisition

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Bloomberg News reported on Wednesday that Grab Holdings Limited, a company headquartered in Singapore and listed on NASDAQ as GRAB, is pursuing a loan of up to $2 billion. This loan is intended to facilitate a potential acquisition of Indonesia’s GoTo. The proposed bridge loan is expected to have a term of approximately 12 months.

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