Shareholder activism

Why a merger between Grab and Gojek is unlikely (for now)

A Grab-Gojek consolidation has always been the talk of the town, given overlapping business similarities, but never taken seriously – until now. There are two outcomes that seem the most likely, but an M&A is not one of them.

Speculation is building over a potential merger between Softbank backed Grab and its regional rival Gojek, following a February 25 article in The Information, citing that investors from both companies were looking to mitigate futures losses or exit their positions.

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