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Maybank sees Grab-Gojek potential merge faces regulator risk in Singapore

Summary by TechNode Global

While there have been numerous media reports of a potential merger between Grab and GoTo, analyst has seen a real risk of the regulator objecting to a Grab-Gojek merger in Singapore. Maybank Investment Bank said in a note on Thursday that In Singapore, GoTo only has Gojek, ie, ride hailing, and in the recent past, the regulator rejected the proposed acquisition of Transcab by Grab. Recently in Taiwan as well, the regulator declined the proposed …

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SINDOnews.com

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