Grabbing SMRT – Disruptor Set to Acquire Operator [Commentary]

Full report in the Straits Times here.

SMRT – wholly owned by Singapore’s sovereign investment fund Temasek Holdings – ┬áis in discussions to sell its entire taxi fleet of 3,400 taxis to Grab. In return, Temasek is seeking equity in Grab.

The deal, if it reaches completion, would see the disruptor acquire the third largest operator, significantly increasing its reach and influence. This does not even account for the reach its present business creates.

This is the start of where, when and how man kills god.

Categories: Commentary, Food, Self Help

Tagged as: , , ,

This site uses Akismet to reduce spam. Learn how your comment data is processed.