#Latest news with #GrabGoToCNA21-05-2025BusinessCNAIndonesia's antitrust body looking into risks from reported Grab-GoTo mergerJAKARTA :Indonesia's antitrust agency has started research aimed at identifying risks from a possible merger between tech giants Grab and GoTo, its head said on Wednesday. Muhammad Fanshurullah Asa in a statement said the agency would be able to conduct a thorough review once the merger takes place and both companies give notification of such action. The two firms have yet to confirm merger plans officially but the possibility of such a move has been widely reported in recent months. Sources with knowledge of the matter last week said the two firms were looking to strike a deal within the second quarter.
CNA21-05-2025BusinessCNAIndonesia's antitrust body looking into risks from reported Grab-GoTo mergerJAKARTA :Indonesia's antitrust agency has started research aimed at identifying risks from a possible merger between tech giants Grab and GoTo, its head said on Wednesday. Muhammad Fanshurullah Asa in a statement said the agency would be able to conduct a thorough review once the merger takes place and both companies give notification of such action. The two firms have yet to confirm merger plans officially but the possibility of such a move has been widely reported in recent months. Sources with knowledge of the matter last week said the two firms were looking to strike a deal within the second quarter.