Thiel-backed Bridgetown mulls merger with Indonesia's PT Tokopedia - Bloomberg News

MoneyHero

15/12/2020 11:59

Dec 15 (Reuters) - Blank-check acquisition firm Bridgetown
Holdings Ltd  BTWN.O  is considering a potential merger with
Indonesian e-commerce firm PT Tokopedia, Bloomberg News reported
https://www.bloomberg.com/news/articles/2020-12-15/thiel-backed-spac-said-to-weigh-up-to-10-billion-tokopedia-deal?sref=WJKVI5nK&utm_medium=social&utm_campaign=socialflow-organic&utm_source=twitter&utm_content=asia&cmpid%3D=socialflow-twitter-asia
 on Tuesday, citing people familiar with the matter.
    Bridgetown, which is backed by billionaires Peter Thiel and
Richard Li, could not be immediately reached for comment, while
Tokopedia did not immediately respond to a Reuters request for
comment.

 (Reporting by Ayanti Bera in Bengaluru; Editing by Maju Samuel)
 ((Ayanti.Bera@thomsonreuters.com;))