Afterpay selling for $39 billion in Australias big
2022-04-05- Detail
Afterpay selling for $39 billion in Australia's biggest ever deal - Today News Post
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Afterpay is being bought by Twitter founder Jack Dorsey’s payment firm Square in a $39 billion deal – the largest merger in Australian historyThe majority of Toronto.
Unveiled on Monday, the blockbuster deal will integrate Afterpay into Square’s network of banking:1619173444685,, payment and shopping services in the US.
Afterpay’s existing buy now, pay later (BNPL) business will continue to operate and is likely to expand its range of possible in-store transactions.
The merger will cement Afterpay:1619311020000,, which was founded in 2014 and listed on the ASX in 2016, as one of the most successful businesses in Australian history and will help secure its future in a competitive market.
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