Singapore

Singapore regulator delves into Grab’s acquisition of Trans-cab

Nasdaq-listed Grab had announced in July its goal to acquire Trans-cab in a deal that included a combined fleet of taxis and personal hire cars of more than 2,500 cars owned by Trans-cab. The review continues after the parties filed the documents. to the CCCS on Jan. 25, following the regulator’s observation expressing its inability to verify that the deal would not raise concerns about the festival.

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