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Square to Acquire Afterpay Square, Inc. (NYSE: SQ) is to acquire all of the issued shares in Australian Afterpay Limited (ASX: APT) by way of a recommended court-approved Scheme of Arrangement. The transaction has an implied value of approximately US$29 billion (A$39 billion) based on the closing price of Square common stock on July 30, 2021, and is expected to be paid in all stock. The closing of the deal is expected in the first quarter of calendar year 2022, subject to the satisfaction of certain closing conditions outlined below. Square plans to integrate Afterpay into its existing Seller and Cash App business units, enabling merchants to offer BNPL at checkout, giving Afterpay consumers the ability to manage their installment payments directly in Cash App, and give Cash App customers the ability to discover merchants and BNPL offers directly within the app.

United statesNew zealandUnited kingdomJack dorseyNick molnarAnthony eisenSquare incAustralian afterpay limitedCash appBsquare boardஒன்றுபட்டது மாநிலங்களில்புதியது ஜீலாந்துஒன்றுபட்டது கிஂக்டம்பலா டோர்ஸிநிக் மோல்நர்அந்தோணி ேசென்