KONTAN.CO.ID - SINGAPORE. Southeast Asia's Grab, which is going public through a merger worth US$ 40 billion with special-purpose acquisition company Altimeter Growth Corp , said on Wednesday it expects to complete the business combination during the fourth quarter. The company had previously said it aimed to close the deal by July. Grab said it was in the process of finalising its financial audit for fiscal years 2018, 2019 and 2020 in accordance with U.S. Securities and Exchange Commission requirements.
Southeast Asia's Grab sees US$ 40 billion SPAC merger delayed to Q4
KONTAN.CO.ID - SINGAPORE. Southeast Asia's Grab, which is going public through a merger worth US$ 40 billion with special-purpose acquisition company Altimeter Growth Corp , said on Wednesday it expects to complete the business combination during the fourth quarter. The company had previously said it aimed to close the deal by July. Grab said it was in the process of finalising its financial audit for fiscal years 2018, 2019 and 2020 in accordance with U.S. Securities and Exchange Commission requirements.