Grab seeks $2 billion loan for possible GoTo takeover, Bloomberg News reports

Reuters
26 Mar
Grab seeks $2 billion loan for possible GoTo takeover, Bloomberg News reports

March 26 - Singapore-headquartered Grab GRAB.O is seeking to raise a loan of up to $2 billion to support its potential takeover of Indonesia's GoTo GOTO.JK, Bloomberg News reported on Wednesday citing people familiar with the matter.

(Reporting by Sherin Sunny in Bengaluru; Editing by Janane Venkatraman)

((Sherin.Sunny@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10