Afterpay
Mergers & Acquisitions

Why Jack Dorsey’s Square wants to pay record $39 billion for Afterpay

- August 4, 2021 3 MIN READ

The A$39 billion (US$29 billion) that Twitter founder Jack Dorsey’s digital payments company Square is paying to acquire Australian upstart payments outfit Afterpay is the biggest takeover deal in Australian corporate history. It surpasses the A$32 billion European commercial real estate giant Unibail-Rodamco agreed to pay for Frank Lowy’s Westfield Corporation in 2017. The deal… Read more »