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 ...

If successful, the deal will create a ride-hailing and delivery giant that would dominate Southeast Asian markets.

REUTERS -Singapore-headquartered Grab is seeking a loan of up to $2 billion to support its potential takeover of Indonesia's ...

Grab Holdings Ltd. is moving forward with its attempt to take over GoTo Group, according to people familiar with the matter, who said the Singaporean ride and delivery firm has begun due diligence ...

Talks with banks are in early stages and details could be subject to change, the sources added. Read more at straitstimes.com.

Amid talk of a merger with Indonesian rival GoTo, Grab sends a message about balancing strong growth and sustained ...

GRAB) is moving forward with its attempt to take over Indonesian rival GoTo Group (OTCPK:GTOFF), and has begun due diligence, Bloomberg reported on Tuesday. Grab has been evaluating GoTo’s ...

Singapore-headquartered Grab, which is backed by Uber (UBER.N), opens new tab, and its smaller Indonesian rival GoTo, have reportedly engaged in several rounds of talks over a potential merger.

(Reuters) - Indonesia's GoTo Gojek on Wednesday reiterated that there was no agreement with any party about a potential transaction after a media report emerged that Singapore-headquartered Grab ...

Grab, GoTo and their shareholders have also been assessing the potential structure and value of an agreement, the people said. Talks are ongoing and may not lead to a transaction, the people said.

Representatives for Grab and GoTo declined to comment. Grab is considering a valuation of more than $7 billion for GoTo, Bloomberg News reported in February, with one scenario being an all-stock ...