Grab CFO: Have a 'high bar' when it comes to M&A
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Grab's CFO, Peter Oey, discusses the company's profits and performance in Southeast Asia, emphasizing a cautious approach to mergers and acquisitions amid competition and merger rumors with GoTo.
February 21, 2025 | 3:45 am
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Grab's CFO, Peter Oey, emphasizes a cautious approach to mergers and acquisitions, despite rumors of a merger with GoTo. The company is focused on maintaining strong profits and performance in Southeast Asia.
The news highlights Grab's strategic focus on maintaining profitability and a high bar for M&A, which suggests stability in its current operations. However, the mention of merger rumors with GoTo could create uncertainty, balancing the impact to neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100