Grab to acquire Atome Financial
Grab said it would acquire buy now, pay later provider Atome Financial in a deal that could ultimately value the target at up to $4.5 billion.
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Grab execs buy back shares after stock hits 3-year low on Atome deal
Top executives of Grab NASDAQ:GRAB bought more than $30 million worth of company shares this week after the Singapore-based ride hailing and financial service firm's stock slumped to a more than three-year low following a deal to acquire a buy-now-pay-later provider.Here are the details
GRAB Stock Gains On $1.49B Atome Lending Deal — Loan Portfolio Seen Above $6B By 2028
Grab Holdings (GRAB) shares moved higher in early morning trade on Monday after the company announced a $1.49 billion deal with Singapore’s Atome Financial and said the boost could push its portfolio to over $6 billion in another two years.Grab said it will acquire a controlling 60% stake in Atome…
Grab takes majority stake in Atome Financial in $1.49 billion deal
Singapore's Grab NASDAQ:GRAB said on Tuesday it will acquire BNPL provider Atome Financial in a deal that could ultimately value the target at up to $4.5 billion, boosting its push into Southeast Asian consumer lending.Grab will take an initial 60% stake in Singapore-based Atome for $1.49 billion…
Grab to acquire 60% stake in Atome Financial for $1.5 billion
Singapore's Grab NASDAQ:GRAB said on Tuesday it will acquire a 60% stake in BNPL service provider Atome Financial for $1.49 billion.
Grab: Also Agreed to Acquire Remaining 40% Interest in Atome Financial About Two Years After First Transaction Closes
Grab: Also Agreed to Acquire Remaining 40% Interest in Atome Financial About Two Years After First Transaction Closes
Grab: To Acquire Controlling 60% Equity Interest in Atome Financial in Cash for $1.49B
Grab: To Acquire Controlling 60% Equity Interest in Atome Financial in Cash for $1.49B
GRAB: Acquisition of Atome Financial accelerates financial services growth and upgrades 2028 targets
Grab will acquire a 60% stake in Atome Financial for $1.49 billion, accelerating its financial services growth across Southeast Asia. The deal is expected to boost Adjusted EBITDA to $1.7 billion by 2028 and expand financial access for underserved consumers and merchants.Original document: Grab Hol…
Weekly Recap: Majority stake in Atome and Vietnam driver boycott
Grab Holdings Limited Class A (NASDAQ:GRAB) is reported to be in talks to acquire a majority stake in Singapore BNPL firm Atome Financial even as drivers in Vietnam staged a two-day boycott over fare cuts of up to 50% after July payment changes that reduced their net earnings.Previous Week RecapThi…
Grab in talks to acquire majority stake in Atome Financial
Grab Holdings is in talks to purchase a majority stake in Singapore-based buy-now-pay-later platform Atome Financial. Bloomberg reported the deal may value Advance Intelligence Group’s unit at more than $2 billion, citing people familiar with the matter.