Deals
Gojek Closes in on Deal to Buy 5% of Taxi Operator Blue Bird
- The $30 million purchase would value Blue Bird at $600 million
- Price would be above 20% of Blue Bird stock’s close on Monday
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Gojek, the Indonesian all-purpose super app provider, is nearing an agreement to buy 5% of top local taxi operator PT Blue Bird, according to people familiar with the matter.
Gojek would pay about $30 million, the people said, asking not to be named discussing a private matter. That implies a price of more than 20% above what Blue Bird closed at in Jakarta on Monday and would value the company at about $600 million.