Indonesian investigators on last Thursday named a former education minister and Co-Founder of ride-hailing firm Gojek, Nadiem Makarim, as a suspect in a corruption case about alleged improper laptop procurement and said he had been detained, Reuters reported.
An investigator at the attorney general’s office said Makarim would be detained for 20 days while the investigation proceeds....
Maybank Investment Bank said Thursday that the potential merger deal between Grab and Gojek could lead to annual synergies of $106 million to $209 million and as such would be positive.
The research house said in a note that synergies may stem from operational efficiency gains from better driver utilization, and reducing incentives and fixed costs (cloud, marketing).
“Improved...
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While there have been numerous media reports in the past weeks of a potential merger between Grab and GoTo, Maybank Investment Bank opined that acquisition of Gojek would be the most favorable scenario for Grab, leading to maximum synergies while preserving balance sheet strength.
The research house said in a note on Thursday that if Grab acquires Gojek, it sees synergy net present value (NPV)...
While there have been numerous media reports of a potential merger betweenGrab and GoTo, analyst has seen a real risk of the regulator objecting to a Grab-Gojek merger in Singapore.
Maybank Investment Bank said in a note on Thursday that In Singapore, GoTo only has Gojek, ie, ride hailing, and in the recent past, the regulator rejected the proposed acquisition of Transcab by Grab.
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