FlowBank

1077 days ago • Posted by William Ramstein

SPAC behind Grab falters 28%

Altimeter Growth Corp's SPAC deal with Grab, one of the most anticipated IPOs in Asia, sees some selloff action as the general SPAC market trends away from such securities. Some suggest Grab's valuation is too lofty, which could explain part of the selloff. 

Source: Yahoo/Bloomberg 

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