Grab Holdings executives purchased over $30 million in shares to boost investor confidence following a 50% stock decline. The sell-off occurred after Grab announced plans to acquire buy-now-pay-later provider Atome Financial in a deal valuing it up to $4.5 billion, alongside a $900 million share buyback.
Grab Holdings executives purchased over $30 million in shares to boost investor confidence following a 50% stock decline. The sell-off occurred after Grab announced plans to acquire buy-now-pay-later provider Atome Financial in a deal valuing it up to $4.5 billion, alongside a $900 million share buyback.
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