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NNA Business News
NNA Business News
By Celine Chen SINGAPORE, NNA – Grab Holdings Ltd. (Grab), which operates Southeast Asia’s leading superapp for everyday needs, has completed its merger with Altimeter Growth Corp. (Altimeter), a special purpose acquisition company. The high-profile transaction raised gross proceeds of $4.5 billion in the largest-ever US public market debut by a Southeast Asian company. It was approved by Altimeter stockholders in a special meeting held on Nov. 30, Grab said in a press release on Dec. 2. Grab’s common stock is expected to begin trading on the Nasdaq on Dec. 2, 2021 under the ticker symbol “GRA…