Southeast Asia’s Grab, which is going public through a merger worth $40 billion with Altimeter Growth, said today it expects to complete the business combination during the fourth quarter, Reuters reports.
The company had previously said it aimed to close the deal by July.
Grab said it was in the process of finalising its financial audit for fiscal years 2018, 2019 and 2020 in accordance with SEC requirements.
It is also was working with the SEC to obtain pre-clearance of certain accounting policies and related financial disclosures. Read more.
