BRIEF-Grab Holdings To Invest In Vay Technology-March 2024-www.financetom.com

BRIEF-Grab Holdings To Invest In Vay Technology

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BRIEF-Grab Holdings To Invest In Vay Technology

Nov 10, 2025 4:21 AM

Nov 10 (Reuters) - Grab Holdings Ltd ( GRAB ):

* GRAB HOLDINGS LTD ( GRAB ): DEFINITIVE AGREEMENTS TO INVEST IN VAY

TECHNOLOGY GMBH FOR $60 MILLION IN CASH

* GRAB HOLDINGS LTD ( GRAB ): UPON CLOSING, GRAB WILL HOLD A MINORITY

EQUITY INTEREST IN VAY

* GRAB HOLDINGS LTD ( GRAB ): WILL INCREASE ITS EQUITY INTEREST IN

VAY WITH

ADDITIONAL $350 MILLION WITHIN FIRST YEAR AFTER DEAL CLOSING

* GRAB HOLDINGS LTD ( GRAB ): POTENTIAL ADDITIONAL PURCHASE WILL

CONSIST OF

ACQUISITION OF NEW SHARES AS WELL AS SHARES FROM EXISTING

SHAREHOLDERS

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