Navis sells entire stake in Everrise Supermarket to entities controlled by Grab

Navis sells entire stake in Everrise Supermarket to entities controlled by Grab

Photo: Everrise website

Navis Capital Partners is selling its entire stake in Eastern Grocer Sdn Bhd—the parent company of Malaysia’s Everrise supermarket—to three entities controlled by Southeast Asian superapp Grab for an undisclosed amount.

Edited by: Pramod Mathew

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