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Afterpay Limited (abbreviated as Afterpay) is a multinational financial technology company owned by Block, Inc., best known for its buy now, pay later (BNPL) service.
Payments fintech Square announced its intention to acquire Buy Now, Pay Later (BNPL) firm Afterpay for $29 billion in an all stock transaction. Square’s press release quotes Square CEO Jack...
Square, Inc. (NYSE: SQ) and Afterpay Limited (ASX: APT) today announced that they have entered into a Scheme Implementation Deed under which Square has agreed to acquire all of the issued shares in Afterpay by way of a recommended court-approved Scheme of Arrangement.
Square, which is run by Twitter co-founder Jack Dorsey, has entered into an agreement with Afterpay to acquire all shares in the company. Based on the closing price of Square stock on Friday, the deal values Afterpay at $39 billion ($US29 billion). That makes it the biggest buyout deal so far in Australian corporate history.
Payments company Square has reached a deal to acquire Australian “buy now, pay later” provider Afterpay in a $29bn all-stock transaction that would be the largest takeover in Australian...
Afterpay co-founder Nick Molnar first got to know Amrita Ahuja, chief financial officer at Square, years ago when he was living in the United States. Ahuja then introduced the...
Afterpay co-founders and co-CEOs Nick Molnar and Anthony Eisen have joined Block and will help lead Afterpay’s respective seller and consumer businesses, as part of Block’s Square and...
Square Inc. said it reached a deal with Afterpay Ltd. to acquire the buy now, pay later company in an all-stock deal valued at $29 billion.
Jack Dorsey’s Square has agreed to pay $39 billion for Afterpay, co-founded by Nick Molnar and Anthony Eisen in 2014. “It recognises the opportunity global buy now, pay later represents and a...
Digital payments company Square (SQ 0.68%) announced on Aug. 1 that it intends to acquire the Australian financial-technology company Afterpay (AFTP.F) in an all-stock transaction worth about $29...