Mergers & Acquisitions Mergers & Acquisitions

Grab's proposed acquisition of Singapore taxi operator hits major roadblock

By Jet Damazo-Santos
  • 11 Jul 2024 10:54
  • 11 Jul 2024 10:54
Digital platform Grab’s planned acquisition of Singapore's third-largest taxi operator, Trans-cab Holdings, is now facing a significant roadblock, as the country’s antitrust regulator has issued a provisional decision finding it anti-competitive. 
The Competition and Consumer Commission of Singapore, or CCCS, said the proposed acquisition is “likely to entrench and strengthen

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Jet Damazo-Santos

Correspondent, Jakarta


Jet Damazo-Santos has been covering antitrust, data protection and other compliance issues in key jurisdictions in Southeast Asia for MLex full time since 2018. She has almost two decades of journalism experience in the Philippines and Indonesia, where she was the associate editor for the Jakarta Globe and the Jakarta bureau chief for Rappler Indonesia prior to joining MLex. She holds a master's degree in Applied Business Economics from the University of Asia and the Pacific.

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