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Grab seeks two billion dollar loan for potential GoTo acquisition
Grab Holdings Ltd. is negotiating a loan of up to $2 billion to potentially acquire Indonesian tech company GoTo Group Inc. The proposed bridge loan, with a term of about 12 months, is still in early discussions with banks, and the deal could value GoTo at over $7 billion. Grab is also exploring other financing options, including bonds or equity, contingent on the acquisition's success.
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