SQUAWK/NEWS
Account
Theme
Account
Menu
Live News MNA ARTICLE M impact

Grab to buy 60% of Atome for $1.49B

Grab Holdings says it will buy 60% of Atome for $1.49B, funded from gross cash of $7.4B, as part of an acquisition-led push.

GRAB

49B as part of an acquisition-led push that also included Stash Financial and Foodpanda Taiwan. 7B adjusted EBITDA and a $6B+ loans book by 2028.