Grab Plans $1.25 Billion Convertible Bond Sale for Acquisitions

Grab Plans .25 Billion Convertible Bond Sale for Acquisitions



Grab Plans $1.25 Billion Convertible Bond Sale for Acquisitions
Grab Holdings Ltd. is planning a $1.25 billion sale of bonds convertible into stock, partly to bulk up its warchest for acquisitions amid signs that talks to take over rival delivery-and-transport provider GoTo Group have stalled.


www.bloomberg.com
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