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02/08/21
16:00
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Square Afterpay takeover requires Treasurer’s approval (copyright link)
Treasurer Josh Frydenberg wields the foreign investment approval power to make or break Square’s proposed $39 billion takeover of Afterpay.
In my view the treasurer should block the US from buying a dominant fin tech company !
It would be the biggest take over in Australian history and would be unfair to the chinese which have seen their company takeover's blocked.
Afterpay is a leader in buy now pay later and should remain in Australian hands !
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