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Singapore Trio Poised for $1.2 Billion From Record Grab SPAC

  • The ride-sharing and delivery app will list in the U.S.
  • Chief Executive Officer Anthony Tan will be worth $829 million
Grab Operations And Interview With CEO Anthony Tan
Photographer: Ore Huiying/Bloomberg
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The SPAC boom may be deflating after more than a year of frenzy, but it’s still creating vast riches for the right deals.

Take Grab Holdings Inc., Southeast Asia’s ride-hailing and delivery giant, which is combining with Altimeter Growth Corp. and plans to go public in the U.S by July.