AGC News and Press, Altimeter Growth Corp. From 06/09/21

Somrerk Kosolwitthayanant/iStock Editorial via Getty Images Brad Gerstner's SPAC Altimter Growth Corp. (AGC) fell 1.5%  after ride-sharing ompany Grab (GRAB) said its deal with the SPAC wouldn't be completed until Q4, according a regulatory filing. Grab had previoulsy said it t...

Listen on the go! A daily podcast of Wall Street Breakfast's Alpha Talks will be available this morning on Seeking Alpha, iTunes, Stitcher and Spotify. The stock market got the jobs report it apparently was waiting for, as May's payrolls growth came in short of expectations and led investors ...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Jobs, Jobs, JobsToday's monthly jobs report will provide more clarity on the current economic landscape, with the prior two accounts telling very different...

Dan Loeb's 13F portfolio value increased from ~$13B to $14.83B this quarter. The number of positions increased from 73 to 125. Third Point added Paysafe, CoStar Group, and Uber Technologies while dropping Alibaba Group Holdings and Fidelity National Information Services. The top t...

Sea Limited continues to extend its leadership across all its business segments with a blockbuster Q1’21 performance. Investors need to pay attention to its potential cash flow margins that could far exceed even AMZN and MELI. At the current price, investors are getting a b...

Grab Holdings Inc. (“Grab”), Southeast Asia’s leading superapp, announced that its management team is scheduled to present at the following virtual investor conferences. Attendance is by invitation only for clients of each respective firm. Interested investors shoul...

Merger activity increased last week with six new deals announced. $50 billion worth of deals announced in a single week. Thermo Fisher Scientific to acquire PPD Inc. For further details see: Merger Arbitrage Mondays - Microsoft's Acquisition Of Nuance Offers A 5% Spread ...

Grab has evolved to be almost ubiquitous in Southeast Asia due to its success with ride-hailing and food delivery in the region, which provide significant macro tailwinds to leverage on. Grab is strategically positioned in a league of its own, allowing it to outcompete competitors in ...

Grab (GRAB), which announced plans to go public through SPAC Altimeter Growth (AGC) earlier this week, is reportedly exploring a secondary listing in its home market of Singapore.Grab is in the early stages of considering a secondary listing in Singapore, according to a Reuters report. A...

Southeast Asian ride-hailing-to-delivery-to-payments group Grab is listing in New York via a combination with a blank cheque firm. Altimeter is contributing almost one-fifth of the placement and will backstop any redemptions from the SPAC to the tune of $500 million. By Grab's own...