Grab Acquires Stash
Palo Alto – February 12, 2026 – Cooley advised Stash Financial, a US digital financial services company, on its definitive agreement in which Grab Holdings Limited will acquire 100% of the equity interest in Stash, with the payment for 50.1% equity interest to be made at closing at an enterprise value of US$425 million and payments for the remaining interest to be made at the fair market value over three years post-closing.
The transaction is subject to regulatory approvals and other customary closing conditions and is expected to close in the third quarter of 2026. Post-closing, Stash will remain a stand-alone entity as part of Grab’s business, retaining its current recurring revenue model, services and brand.
Lawyers Steve Tonsfeldt, Kate Nichols, Nathan Baum, Queenie Chen, Ben Ho, Alanna Anderson, Jeff Goldman, Aaron Pomeroy, Jeffrey Tolin and Patrick Sharma led the Cooley team advising Stash.
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