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Indonesia’s sovereign wealth fund considers involvement in $7 billion Grab-GoTo deal

Explore how Indonesia's sovereign wealth fund, Danantara, is positioning itself in talks with GoTo for a potential Grab buyout.

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Indonesia’s sovereign wealth fund considers involvement in $7 billion Grab-GoTo deal

Explore how Indonesia's sovereign wealth fund, Danantara, is positioning itself in talks with GoTo for a potential Grab buyout.

2 months ago·United States

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katadata.co.id

Worried About Grab Dominance, Danantara Interested in Buying Goto Shares Ahead of Merger - Industry Katadata.co.id

Danantara, an Indonesian investment institution, is exploring investing in a merger between Grab and GoTo to address government concerns about Grab's dominance in the domestic tech sector.

2 months ago

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TechNode Global

Indonesia’s wealth fund Danantara weighs role in $7B Grab-GoTo deal - report

Indonesia’s sovereign wealth fund Danantara is considering a role in Grab Holdings Ltd’s planned $7 billion acquisition of GoTo Group, potentially allowing the country’s government to own a slice of an Asian internet powerhouse, Bloomberg reported on Friday. Danantara has started preliminary discussions with GoTo to acquire a minority stake in a combined entity, according to people familiar with the matter, the report said. This could help assua…

2 months ago

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