Broker Canaccord Genuity believes that the acquisition of buy now, pay later finance Australia-based provider Afterpay by Square Inc could be good news for ThinkSmart (LON: TSL) which retains a residual stake in the UK-based Clearpay, which it sold to Afterpay.
There was a 10% stake retained in Clearpay by ThinkSmart, but employees will receive some of the shares, so the net stake is 6.5%.
There is an option for the remaining stake in Clearpay to be acquired by Afterpay - or ThinkSmart ca...
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