Financial services and digital payments company Square, Inc. (SQ) announced that it has entered into a Scheme Implementation Deed to acquire financial technology company Afterpay Limited for $29 billion. The deal is likely to close in the first quarter of Calendar Year 2022. As per the terms of the deal, Afterpay shareholders will receive a fixed exchange ratio of 0.375 shares of Square Class A common stock for each Afterpay ordinary share they hold on the record date. Also, Square may opt to pay 1% of the total consideration in cash. With this buyout, Square will have access to Afterpay’s global 'buy now, pay later' (BNPL) platform.
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Square (NYSE:SQ)
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Square (NYSE:SQ)
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De Set 2020 até Set 2021 Click aqui para mais gráficos Square.