Uber, SoftBank and Anthony Tan among big winners in Grab's record-breaking SPAC deal

Uber, SoftBank and Anthony Tan among big winners in Grab's record-breaking SPAC deal

Photo by Kosaku Mimura / Nikkei Asia

The Grab-Altimeter Growth merger seems to have struck a winning deal on all sides. The powerhouse combo, which announced its merger plans on Tuesday, values the post-merger entity at a stunning $39.55 billion, making it the world’s largest SPAC deal to date.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter