Zip confirms deal to acquire US BNPL player Sezzle
Australian buy now, pay later outfit Zip is to acquire US rival Zezzle for A$491 million.
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The CEO of Zip on why Zip bought Sezzle + 3 stocks to buy following reporting season
Listen to the podcast version here: https://pnc.st/s/switzer-property/416b4a20/the-ceo-of-zip-on-why-zip-bought-sezzle-3-stocks-to-buy-following-reporting-season
00:00 Intro
1:33 Larry Diamond
13:46 Shih Thin Wong
29:17 Margaret Lomas
44:16 Outro
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#asx #sharemarket #stocks
3 ASX BNPL player in focus amid Zip & Sezzle merger talks
Zip Co has confirmed to be in talks with Sezzle for a potential acquisition. Other BNPL shares such as LBY, DOU and IOU attracting investors attention, amid a buzz in the BNPL space. Investors must do their own due diligence before investing in the equity markets.
To know more click on website link at https://bit.ly/3rYlel3
#asxbnplstocks #zipacquisitionwithsezzle #laybuy #douugh #IOUpay #kalkinemedia
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Zip To Buy Sezzle In $491M Deal
Buy Now Pay later major Zip Co is planning to buy ASX-listed rival Sezzle in a $491 million deal that Zip says will accelerate its path to profitability as it faces tougher industry conditions. On Monday, it was announced that 0.98 Zip shares would be offered for every Sezzle share, which represented a 22% premium to Sezzle’s closing price. The news came as Zip also reported a $214.3 million loss for the December half.
#buysezzle #asx #industryconditions #sezzle #zipshares #gold #stockshare #dividend
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