US payments giant Square has bid $US29 billion ($A39b) in all scrip for buy now, pay later group Afterpay.
The bid values Afterpay at $126.61 a shares and Square will have a secondary listing on the ASX. Afterpay’s board has unanimously recommended the offer of 0.375 Square shares for every Afterpay share.
APT Take Over Annc: https://hotcopper.com.au/threads/an...ns-to-acquire-afterpay.6196007/#post-54947120
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We've now seen the first HUGE Acquisition for the BNPL Sector.
This is a huge positive in my opinion.
Don't forget IOU in Malaysia did soft-launch in the time of Covid (Where it is must stricter than AUS) & they still were able to achieve such numbers....
Can't wait to see what lies ahead!
US payments giant Square has bid $US29 billion ($A39b) in all...
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Change
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Mkt cap ! $17.03M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.4¢ | $40.35K | 2.788M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 124961 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 1403812 | 4 |
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