Talks with banks are in early stages and details could be subject to change, the sources added. Read more at straitstimes.com.

GRAB) is moving forward with its attempt to take over Indonesian rival GoTo Group (OTCPK:GTOFF), and has begun due diligence, ...

Singapore-headquartered Grab is seeking a loan of up to $2 billion to support its potential takeover of Indonesia's GoTo, ...

Representatives for Grab and GoTo declined to comment. Grab is considering a valuation of more than $7 billion for GoTo, Bloomberg News reported in February, with one scenario being an all-stock ...

If successful, the deal will create a ride-hailing and delivery giant that would dominate Southeast Asian markets.

Singapore-headquartered Grab, which is backed by Uber (UBER.N), opens new tab, and its smaller Indonesian rival GoTo, have reportedly engaged in several rounds of talks over a potential merger.

Grab Holdings Ltd. is moving forward with its attempt to take over GoTo Group, according to people familiar with the matter, who said the Singaporean ride and delivery firm has begun due diligence ...

March 26, REUTERS - Singapore-headquartered Grab (GRAB.O), opens new tab is seeking a loan of up to $2 billion to support its potential takeover of Indonesia's GoTo (GOTO.JK), opens new tab ...

Singaporean ride and delivery firm Grab Holdings Ltd. is in talks to raise a loan of as much as $2 billion to back its potential takeover of Indonesia-based rival GoTo Group, according to people ...

(Bloomberg) – Singaporean ride and delivery firm Grab is in talks to raise a loan of as much as $2 billion to back its potential takeover of Indonesia-based rival GoTo Group, according to people ...

Grab, GoTo and their shareholders have also been assessing the potential structure and value of an agreement, the people said. Talks are ongoing and may not lead to a transaction, the people said.