Singapore’s Grab strikes $40 billion deal in record SPAC merger

Singapore’s Grab strikes $40 billion deal in record SPAC merger

Southeast Asia’s biggest ride-hailing and food delivery firm, Grab Holdings, agreed a merger on Tuesday with special-purpose acquisition company Altimeter Growth Corp securing a valuation of nearly $40 billion and paving the way for a coveted U.S. listing. The merger,...
CenterOak Partners Closes $690 Mln Fund II at Hard Cap

CenterOak Partners Closes $690 Mln Fund II at Hard Cap

CenterOak Partners LLC, a Dallas-based private equity firm, today announced the closing of CenterOak Equity Fund II with total equity commitments of $690 million. Fund II was oversubscribed, exceeding its $575 million target and closed at its hard cap. Fund II will...