GoTo Denies Report of Merger Talks With Grab Holdings
Grab (GRAB) PYMNTS·2024-02-13 19:21
GoTo has denied that it is in merger talks with Grab Holdings.The company said in a Tuesday (Feb. 13) filing that it “is not having any discussion on such matters,” Reuters reported Tuesday.Bloomberg reported Friday (Feb. 9) that GoTo and Grab Holdings — which are both Southeast Asian ride-hailing and food-delivery companies — had restarted merger talks.“We have only just been aware of the issue from the mass media,” GoTo said in the filing cited by Reuters. “Through this letter, the company would like to c ...