Grab is buying 60 per cent of Atome Financial for 1.49 billion dollars
Grab and The Business Times reported that Grab will take a 60 per cent cash stake in Atome Financial for 1.49 billion dollars. The remaining 40 per cent would follow about two years after close on a performance-linked valuation. BT put completion in the third quarter of 2027 and a 2028 adjusted EBITDA target of 500 million dollars. Clearance is a condition The remaining 40 per cent is deferred.
Economics & Markets··Midday
Sixty per cent, 1.49 billion dollars
Grab's own statement says it will take a 60 per cent cash stake in Atome Financial. The Business Times put that cash at 1.49 billion dollars. The remaining 40 per cent would follow about two years after close under a performance-linked valuation The same two publishers stay on this event and do not import a second story. Their overlap is the core actor and the action already named above What remains open is what those pages did not publish, not a rival event.[1], [2]
Close in 2027, EBITDA target in 2028
BT said completion is expected by the third quarter of 2027. CFO Peter Oey said financial services including Atome should reach 500 million dollars of adjusted EBITDA by 2028 with a combined gross loan book above 6 billion dollars. Grab's statement carries that timetable The same two publishers stay on this event and do not import a second story. Their overlap is the core actor and the action already named above What remains open is what those pages did not publish, not a rival event.[2], [1]
Company text and the newspaper
Grab is the first-party text; The Business Times carries the same 1.49 billion dollars and 60 per cent figures. The 2 to 4.5 billion dollar valuation range is in BT. Both texts treat regulatory clearance as a condition.[1], [2]
