Ropes & Gray Advises Altimeter in Nearly $40 Billion Merger to Take Grab Holdings Public

A Ropes & Gray-led team advised Altimeter Growth Corp. (Nasdaq: “AGC”) in its plan to take Grab Holdings public in the U.S. Grab is Southeast Asia’s leading superapp. The record-breaking SPAC transaction is expected to be the largest-ever U.S. equity offering by a Southeast Asian Company. The combined company expects its securities will be traded on NASDAQ under the symbol “GRAB” in the coming months. The transaction was announced in a press release. 

The team advising Altimeter is led by mergers & acquisitions counsel Sarah Davis (Boston) and includes tax partners Ben Rogers (San Francisco) David Saltzman (Boston) Brenda Coleman and Andrew Howard (both of London), IP transactions partner Regina Sam Penti (Boston), capital markets partner Paul Tropp (New York), data, privacy & cybersecurity partner Ed McNicholas (Washington, D.C.), litigation & enforcement partners David Hennes (New York) Ama Adams (Washington, D.C.) and Ruchit Patel (London), employment & benefits counsel Ellen Sueda (San Francisco) and litigation & enforcement counsel Deidre Johnson (Boston).

The team also includes tax associates Dan Zuckerman (Boston), mergers & acquisitions associates Jeff Bashara, Kelley Cohen, Bryan Lowrance and Nicholas Roper (all of Boston) Debbie Wang, Ling Xu and Christopher Han (all of New York), employment & benefits associate Michael Stern (New York), data, privacy & cybersecurity associate Jessica Grischkan (New York), litigation & enforcement associates Emerson Siegle (Washington, D.C.) and Rupert Phillips (London), private equity senior attorney Jennifer Gorman (Boston) and associate Ethan Kim (Seoul), and trainee solicitor Abbey Shaw (London).