Market Chatter: Grab Eyes Majority Stake in Atome Financial

MT Newswires Live

55 mins ago

Ride-hailing and delivery firm Grab Holdings is in talks to acquire a majority stake in buy‑now‑pay‑later platform Atome Financial, Bloomberg said in a report on Thursday, citing people familiar with the matter.

A transaction could value the Advance Intelligence Group unit at more than $2 billion. Sources said discussions are ongoing and no final decision has been reached, according to the report.

A Grab spokesperson declined to comment on the report, while Advance Intelligence Group did not immediately respond to MT Newswires' request for a comment.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Sources said discussions are ongoing and no final decision has been reached, according to the report.</p><p>A Grab spokesperson declined to comment on the report, while Advance Intelligence Group did not immediately respond to MT Newswires' request for a comment.</p><p>(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.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2125910500.SGD","symbol_name":"Natixis WCM Global Emerging Markets Equity H-R/A SGD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2666563901","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2666563901","pubTimestamp":1789025244,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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