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Square to buy Australia’s Afterpay for $29B in stock
Payments platform Square on Sunday announced it plans to buy Afterpay, an Australian buy now, pay later service, in an all-stock deal valued at around $29 billion.
Melbourne-based Afterpay is publicly traded on Australia’s ASX exchange. It currently counts more than 16 million consumers and nearly 100,000 merchants globally as users of its platform, including major retailers across fashion, …
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