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Explainer: How Square’s Afterpay takeover will affect the ASX – The Australian Financial Review

Square is set to become one of the largest companies listed on the ASX when it completes its acquisition of Afterpay, but how…

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For fund managers with a mandate to only invest in Australian shares, the choice is easy: either sell for cash now at a slight discount to the implied value of a fully realised deal, or opt for the ASX shares.
But for some of Afterpays larger institutional…

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