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New Deal


Announced

Completed

Hanwha completed a $300m investment in Grab Financial Group.

Financials

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Transaction Value£220m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Minority

Friendly

Singapore

financial services

Diversified Financials

Completed

Single Bidder

Acquisition

Private

Private Equity

Cross Border

Synopsis

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Hanwha Asset Management, a private equity firm, completed a $300m investment in Grab Financial Group, a provider of financial services. This investment marks the first time that Grab has raised money from outside investors for the unit. The move suggests that the financial arm may go public separately from its parent company, although Grab hasn’t publicly discussed its IPO plans.

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