Square investors approve $29b buyout of Australian BNPL firm Afterpay

Square investors approve $29b buyout of Australian BNPL firm Afterpay

Sydney Opera House, Sydney, Australia. Photo by Frans on Unsplash

Square Inc shareholders have approved the issuance of new shares for the U.S. company’s $29 billion purchase of Afterpay Ltd, bringing Australia and the buy now, pay later sector’s largest buyout a step closer to fruition.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter