AFY 0.00% $2.74 afterpay holdings limited

News: AFY Touchcorp Ltd says merger with Afterpay to proceed; Nick Molnar to be CEO of new co

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    March 30 (Reuters) - Touchcorp Ltd (TCH) :

    • Afterpay and Touchcorp - merger to proceed
    • Two companies have agreed to merge under a new Australian holding company called "Afterpay Touch Group Limited"
    • Anthony Eisen will be Afterpay Touch Group's executive chairman
    • Nick Molnar will be managing director and chief executive officer of Afterpay Touch Group
    • Nadine Lennie will be chief financial officer of Afterpay Touch Group
    • Subject to conditions being satisfied, merger is expected to be implemented in late June 2017
 
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