Indonesia GoTo says no decision on potential transaction with Grab

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There has been no decision made on a potential transaction between major ride-hailing firms in Indonesia, GoTo and Grab, GoTo official R. A Koesoemohadiani said on Monday, amid merger or acquisition talks.Indonesia is discussing a possible merger or acquisition between Grab (GRAB.O) and its rival GoTo (GOTO.JK), the presidential spokesperson said last week.

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