The Biggest SPAC Deal is on its Way

Grab Taxi Car. Image Source: CNN

The biggest SPAC deal is on its way. Grab Holdings, the parent company of Grab Taxi, is planning to go public through merging with Silicon Valley investor and founder and CIO of Altimeter Capital Brad Gerstner’s SPAC Altimeter Growth Capital ($ACG). This deal is supposed to be worth $40 billion making it the largest SPAC deal ever.