annb0t
Top 20
(Adds details on deal terms, result, background shares)
Feb 28 (Reuters) - Buy now pay later (BNPL) firm Zip Co Ltd said on Monday it would buy U.S.-based Sezzle Inc in a A$491 million ($352.59 million) deal, as it looks to further expand its reach in the United States and take on rivals such as Afterpay.
Sezzle shareholders would receive 0.98 Zip ordinary shares for each Sezzle stock, the Australian payments firm said, adding that it will own about 78% of the combined group. The company also ...
>>> Read more: UPDATE 1-Buy now, pay later firm Zip to buy U.S. rival Sezzle in $352 mln deal
Feb 28 (Reuters) - Buy now pay later (BNPL) firm Zip Co Ltd said on Monday it would buy U.S.-based Sezzle Inc in a A$491 million ($352.59 million) deal, as it looks to further expand its reach in the United States and take on rivals such as Afterpay.
Sezzle shareholders would receive 0.98 Zip ordinary shares for each Sezzle stock, the Australian payments firm said, adding that it will own about 78% of the combined group. The company also ...
>>> Read more: UPDATE 1-Buy now, pay later firm Zip to buy U.S. rival Sezzle in $352 mln deal
