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Grab seeks up to $2B loan for possible GoTo takeover – report (GRAB:NASDAQ)

Bag of delivery food company in Singapore

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  • Singapore-headquartered Grab (NASDAQ:GRAB) is seeking a loan of up to $2 billion to support its potential takeover of Indonesia’s GoTo, Bloomberg News reported on Wednesday.
  • The report stated that the so-called bridge loan could have a tenor of about 12
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