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Market Chatter: Grab Holdings in Talks for up to $2 Billion Loan for Potential GoTo Takeover
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Market Chatter: Grab Holdings in Talks for up to $2 Billion Loan for Potential GoTo Takeover
Mar 26, 2025 3:22 AM

05:52 AM EDT, 03/26/2025 (MT Newswires) -- Grab Holdings ( GRAB ) is in discussions for up to a $2 billion loan to fund its potential takeover of Indonesian rival GoTo Group, Bloomberg News reported Wednesday, citing unnamed people familiar with the matter.

The bridge loan could have a tenor of about 12 months, the people said, adding that talks with the banks are at early stages.

The two companies did not immediately respond to MT Newswires' request for comment on the matter.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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