ACCC green lights Afterpay 'fair' deal
The ACCC said it will not review Square’s $39 billion acquisition of Afterpay as the buy now, pay later group urged its shareholders to green light the deal.
Stay updated with breaking news from Square Cdis. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The ACCC said it will not review Square’s $39 billion acquisition of Afterpay as the buy now, pay later group urged its shareholders to green light the deal.
Share The early backers of Afterpay say Square’s blockbuster $39 billion offer makes strategic sense for both companies but warn integration risk will be a key factor to watch as the two payments systems are brought together. The local market reacted positively to a Square earnings call and briefing on the Afterpay acquisition on Monday night, sending Afterpay up another 12 per cent on the ASX on Tuesday on the back of strong gains by Square in New York. Afterpay’s Nick Molnar at Thread Togeather’s factory opening. Banksmeadow in February. The surge in Square’s share price came afte...