Maybank sees Grab-Gojek potential merge faces regulator risk in Singapore
While there have been numerous media reports of a potential merger betweenGrab and GoTo, analyst has seen a real risk of the regulator objecting to a Grab-Gojek merger in Singapore. Maybank Investment Bank said in a note on Thursday that In Singapore, GoTo only has Gojek, ie, ride hailing, and in the recent past, the regulator rejected the proposed acquisition of Transcab by Grab. Recently in...
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