(Updates to include stock price movement in the headline and the last paragraph and Grab's response to a request for comment in the third paragraph.)
Grab Holdings (GRAB) is considering a takeover of rival GoTo Group at a valuation of over $7 billion, Bloomberg News reported, citing people familiar with the matter.
Grab is discussing an all-stock purchase valuing shares of GoTo at more than 100 Indonesian rupiah each, representing a roughly 20% premium over its current stock price, the people reportedly told Bloomberg.
Grab declined to comment to MT Newswires.
Shares of Grab Holdings were up more than 12% in recent trading.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: 5.10, Change: +0.56, Percent Change: +12.22
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。